Legal entity definition in HR and FIN

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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sh_heidary_s@yahoo.com
Posts: 3
Joined: Mon May 28, 2012 3:02 am
Location: United Arab Emirates

Legal entity definition in HR and FIN

Post by sh_heidary_s@yahoo.com »

Hi dear all,
In R12.1 ,is any relation between LE in Hr (organization->classification->GRE/Legal Entity) and LE in Gl(Accounting Setup Manager->create Legal Entity)?
Should I define LE's in both or not?
Regards,
Anjireddy.r12
Posts: 67
Joined: Sun Dec 12, 2010 4:42 pm
Location: India

Post by Anjireddy.r12 »

Hi,

Both the Legal entities dont have any relation in R12. We need to define separately in Accounting Setup Manager and in HR as per the requirement.

I find some of the useful information from following link..

http://www.oracleappshub.com/release12/ ... ty-uptake/

May be , some may think if this is just extension of GRE/LE from old version , then Why this required to do set up from both ASM and HR in R12?

In R12 ,it is separate the legal entity from the GRE which is a HR organization. We did not link the 2 entities together as they serve 2 different purposes altogether.

The HR model does not look at the new Legal Entity model. It continues to use the GRE/LE as a legal entity. So the HR requirement can be achieved using the HR organization of type GRE/LE.

Therefore, Legal Entities do have to be set up in both ASM and HR in R12


Thanks & Regards,
Anjireddy
markiv24
Posts: 9
Joined: Mon Dec 24, 2007 11:48 pm
Location: USA

Post by markiv24 »

Thanks Anji for the useful information
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