Setup New Organization with Different Currency

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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malikocp
Posts: 5
Joined: Tue Apr 18, 2006 4:59 am
Location: United Arab Emirates

Setup New Organization with Different Currency

Post by malikocp »

Hi,
Our company has operations in UAE and we have implemented R12.4- Financials, Now our company got some projects in Qatar, Egypt and some other countries. The managment want to treat these organization as seperate entities in Oracle. Can anyone gives me major steps required to setup new entity. There will be seperate currency as well as taxes also which is not applicable in UAE. Thanks
hiszaki
Posts: 482
Joined: Thu May 10, 2007 9:03 am
Location: Egypt

Post by hiszaki »

Hi malikocp

It's better to make each country as a separate ledger under one business group & define the legal entity & operation unit for each ledger. You can use the sale COA for all ledgers with different currencies.

Thanks
Hisham
malikocp
Posts: 5
Joined: Tue Apr 18, 2006 4:59 am
Location: United Arab Emirates

Post by malikocp »

Dear Hisham,
Many thanks for your reply. Can you please send me some more explanation on this or if you have any document which give me step by step details, it will be great help.

Many Thanks
hiszaki
Posts: 482
Joined: Thu May 10, 2007 9:03 am
Location: Egypt

Post by hiszaki »

Hi malikocp

Please check this link.

topic.asp?TOPIC_ID=2087

Thanks
Hisham
malikocp
Posts: 5
Joined: Tue Apr 18, 2006 4:59 am
Location: United Arab Emirates

Post by malikocp »

Hi Hesham,
This link go to page where its asking for donation. Is it the right link?

Amir
hiszaki
Posts: 482
Joined: Thu May 10, 2007 9:03 am
Location: Egypt

Post by hiszaki »

Hi malikocp

Yes it's the right link.
also you can check this link:
http://www.google.com.eg/url?sa=t&sourc ... fY5W7Ev4UA

or you can search on Google about (Oracle Applications R12 Multi Org Access Control).

Thanks
Hisham
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