Beruflich Dokumente
Kultur Dokumente
Chart of Accounts:
–Share the same value set for the balancing segment across charts of accounts
Determine the Number of Legal Entities to Assign in an Accounting Setup based on:
–Statutory and legal requirements for legal entity accounting, such as document
sequencing, tax accounting, and intercompany accounting
–Business Needs
Best practice is to choose the primary ledger to be the corporate representation in the
local currency:
–Provides the most detail
–Allows you to assign a subledger level reporting currency if you want to maintain a
detailed additional currency representation
–Note: Secondary Ledgers cannot have subledger level reporting currencies assigned
2. LE = Ledger
–If legal entity equals the primary ledger, you may choose not to assign balancing
segment values to the legal entity
3. LE Below Ledger
–Legal entities should be represented by one or more balancing segment values
Subledgers that uptake SLA (Assets, Budget Execution, Cash Management, Cost
Management, Inventory, Oracle Loans, Payables, Payroll, Property Manager, Purchasing,
and Receivables)