Change the Status of a Joint Venture

If you change the status, remember that all joint venture statuses except for Active are for information purposes only. If you remove a joint venture definition from Active status, make sure that you no longer need to process transactions for the joint venture.

Note: You can’t change the status of a joint venture from Active to another status if it’s associated with an overhead method in the Active status. You must first change the overhead method to a status other than Active.