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.