Legal Entity

This forum is to discuss different features/issues of Oracle Financials modules ( GL - General Ledger, AP - Accounts Payable, AR - Accounts Receivable, FA - Fixed Assets & CM - Cash Management ).
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nandu
Posts: 5
Joined: Fri Aug 10, 2007 6:18 am
Location: India

Legal Entity

Post by nandu »

Hi Guys

Here is my question

Three Legal Entities are sharing same SOB.

<font color="blue">How will you differentiate journals?
How will you secure journals? </font id="blue">

Please clear me
byswamy
Posts: 75
Joined: Mon Jun 04, 2007 12:43 am
Location: India

Post by byswamy »

Hi

In R12, we can take Legal entity as a balnce segment(create 3 BS's). assaign Balance segment to Legal entity. so we can differaniate like balancing segment(BS) wise. The journals are created in Mulitple OU'S under one LE with same balancing segment.

If needs some more clarification reply to this where u want...


Regards
swamy
sreeram0203
Posts: 3
Joined: Fri Aug 10, 2007 10:49 am
Location: India

Post by sreeram0203 »

Hi Nandu,

U can differntiate the journals by journal category, which can be defined in the look up codes..

please correct me if i am wrong
shivaerpstuff
Posts: 5
Joined: Fri Feb 01, 2008 2:37 am
Location: India

Post by shivaerpstuff »

Hi Nandu,

Aser my knowledge, one sob can use N no of LE's, but
one LE can use only one sob.

Regards,
Shiva.
admin
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