Fixed Amount Overhead Method Type

Use the Fixed Amount Overhead Method to enable managing partners to charge the joint venture partners a fixed amount for overhead.

Use the Fixed Amount Overhead Method to enable managing partners to charge the joint venture partners a fixed amount for overhead.

Business Benefit:

This provides an additional method for the managing partner to recover costs associated with managing the joint venture and to help ensure compliance with the joint operating agreement.

Steps to Enable

You don't need to do anything to enable this feature.

Tips And Considerations

Release 24A is the final release in which Joint Venture Overhead setup and processing is made available to users through an opt-in. After this release, Joint Venture Management users will automatically have access to these capabilities and can choose to use them according to your business practices.

Key Resources

  • Watch Joint Venture Overhead Readiness training.

  • For more information, refer to
    • Implementing Joint Venture Management guide and
    • Using Joint Venture Management guide.

Access Requirements

  • Joint Venture Application Administrator
  • Joint Venture Accountant
  • Joint Venture Accounting Manager