Update Billing and Reporting Information

You can make changes to all of the information that was entered in the Billing and Reporting page of a joint venture definition. This includes information to use when creating receivables invoices, payables invoices, and joint interest billing reports.

Caution: Before you change the setting of the Bill When Paid check box, make sure to complete the processing of any unprocessed joint venture transactions that originated from Payables to maintain data integrity. Remember that when this check box is selected, Joint Venture Management distributes transaction amounts and bill partners only for paid transactions.