Enable Oracle Joint Venture Management

Before you can set up and use Joint Venture Management, an administrator must first enable Joint Venture Management in the Functional Setup Manager (FSM).

When enabled, users with the proper security can access the Joint Venture Management functional area in FSM and use the tasks for setting up and managing joint venture system options, invoicing partners, joint venture definitions, and so forth.

The All Tasks selection in the functional area includes tasks that you can use to complete other configurations for Joint Venture Management, such as setting up supporting references to capture a transaction date and additional project details in joint venture transactions. It also includes tasks for setting up mapping sets, account rules, and so forth for the Joint Venture subledger.

The All Tasks list also includes tasks to manage joint venture data in spreadsheets.

You must have the Application Implementation Consultant role (ORA_ASM_APPLICATION_IMPLEMENTATION_CONSULTANT_JOB) to perform this task. This role includes the Financial Application Administrator (ORA_FUN_FINANCIAL_APPLICATION_ADMINISTRATOR_JOB) role.

To enable Joint Venture Management in FSM:

  1. Navigate to My Enterprise, Offerings.

  2. Under Offerings, select Financials.

  3. In the right pane, click Opt In Features.

    Note: You can also click New Features to view a description of the new features for the release.
  4. At the top of the page, make sure that Financials is selected and then scroll down and locate the Joint Venture Management row.

  5. Click the Enable check box in the Joint Venture Management row.

After enabling Joint Venture Management, you can view the setup tasks for Joint Venture Management in FSM:

  1. Navigate to Setup and Maintenance and access the Joint Venture Management functional area under the Financials offering.

    The application displays the Joint Venture Management tasks.

  2. Select All Tasks to display additional tasks that you can use to manage joint venture data in spreadsheets and other setup tasks.

    Note: Date fields in Joint Venture Management applications display time in UTC (Coordinated Universal Time) only. The time doesn’t reflect the time zone set in your user preferences.