What is the 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 ).
Post Reply
srinivas.oebs
Posts: 35
Joined: Wed Feb 23, 2011 9:56 am
Location: Bermuda

What is the Legal Entity?

Post by srinivas.oebs »

Can you please expain the What is the legal entity and where exactly able to see the importance of LE in appliation?

Regards,
Srinivas[8D]
Top
admin
Posts: 2065
Joined: Fri Mar 31, 2006 12:59 am
Location: Pakistan
Contact:
Contact admin

Post by admin »

It is the company registered with the Legal/Government on which Taxes are paid. Thats the reason name is Legal Entity while all other structures are only internal to your company or instance. tks
Top
Post Reply

Return to “Financials (GL, AP, AR, FA & CM)”



Who is online

Users browsing this forum: Ahrefs [Bot] and 2 guests