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 checkbox, make sure that all transactions from Payables and Receipt Accounting that are being processed for downstream activities are completely processed. Remember that when this checkbox is selected, Joint Venture Management distributes transaction amounts and bill partners only for paid transactions from these subledgers.