Before You Set Up Stakeholders

If you plan to create invoices for a stakeholder, you must first set up an invoicing partner to associate to the stakeholder. See About Invoicing Partners for more information.

If you plan to create journals for a stakeholder:

• You must set up a cost center to assign to the stakeholder.
• Make sure that an administrator has set up the Joint Venture Subledger to enable the creation of journals. See Set Up the Joint Venture Subledger for Internal Transfer Journals for more information.