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STEP1:LEGALENTITY

1. DefinetheLegalEntity: GeneralLedger:Setup>Financials>AccountingSetupManager>AccountingSetups


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2. Onceyoucometothiswindow,clickonLegalentitiestaborCreateAccounting(B)

HereIhaveclickedLegalentities
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3. ClickCreateLegalEntity

Enterthedetailsinthiswindow.
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4. Enterthedetailsasshownbelow:

ClickonApply(B)
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5. Youcometothispage


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6. QuerythedetailstoseetheLegalEntitythathasbeencreated


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STEP2:CREATINGTHEACCOUNTINGSETUPS
1. ClickonAccountingSetups(Tab)


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2. Youcometothispage:

ClickonCreateAccountingSetup
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3. Legalentitycanbecreatedfromthispagealso.

ClickNext.
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4. Youcometothispage:


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5. Choosethe3CsthatyouhavedefinedearlierandchooseanAccountingMethod

AddSecondaryLedger
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6. Enterthedetails

ClickNext
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7. Youcometothispage

ClickFinishiftheinformationiscorrect.
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8. Youcometothispage

NextstepistodefinetheAccountingOptions. Youcandefinethisnow,orlater. Todefinenow,clickDefineAccountingOptions.


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STEP3:DEFINEACCOUNTINGOPTIONS
1. Youstartfromthispage:

ClickonAddLegalEntity
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2. ChoosetheLegalEntitythatyouhavedefinedearlier

ChecktheboxandclickSelect.
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3. ClickApplywhenyoucometothispage:

ClickApplyandmovetoAccountingOptions
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4. WewillmovetothePrimaryLedgersetup.


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5. ThefirststepisLedgerOptions.Sotoupdatetheseoptions,checkthestatus,which isInProgress. Toupdate,clickthepencilbesidethatoption.


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6. Youwillcometothe1ststepofupdatingtheLedger:LedgerDefinition

Enterthedetails
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7. Updateincaseyouwanttomakechanges:

ClickNext
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8. The2ndstepistoentertheLedgerOptions


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9. Entertheaccountcodecombinations

ClickNext
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10.NowwecometotheAdvancedOptions

ChecktheboxagainstEnableJournalReconciliation ClickNext
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11.Inthislaststep,youcanreviewwhateverhasbeenenteredandclickfinish.

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12.Youwillcometothispage:

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ClickReturntoAccountingOptions 13.YouwillseethatthestatusforthePrimaryLedgerhaschanged
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14.NowclickthepencilunderupdatefieldofReportingCurrencies

YoucanaddReportingCurrencyifyouwant. Ifnot,clickComplete.
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15.ThestatuswillchangetoCompleteforthisalso

ClickupdateagainstBalancingSegmentvalueassignments
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16.SinceIamnotmakinganyassignment,Iamgoingtoclickcomplete


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17.Thestatuschanges


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18.NowwemovetoOperatingUnits:

ClickAddOperatingUnit
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19.Enterallthedetails

ClickApply
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20.Onceyoucomebacktothispage,youcanaddonemoreOperatingunit

Ifnot,clickComplete.
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21.NowmovetoSequencing

WewillassignsequencestoallfourSequenceEventsSequenceEntitiesonebyone.
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22.Youcanseethe4thatneedtobedefined:


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23.Wecanstartwiththe1stonei.e.GLPeriodCloseGLJournalEntry ClickCreate.

ClickonAssignSequences.
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Onceyoucometothispage

ClickCreateSequence
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24.EntertherequiredinformationandclickonApply.


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25.Youwillgettheconfirmation,clickonApply


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26.Nowyoufollowthesamestepsforthe2ndonei.e.for GLPeriodCloseSubledgerJournalEntry

Create

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AssignSequences Createsequence

Apply

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27.Nowyoufollowthesamestepsforthe3rdonei.e. PostingGLJournalEntry

Create

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AssignSequences

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CreateSequence

Apply

Apply

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Nowfollowthesameprocessforthelastonei.e.AccountingSubledgerJournalEntry

Create
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28.AccountingSubledgerJournalEntry

AssignSequences

CreateSequence

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Apply

Apply
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Nowallfourarecomplete NowchangethestatustoCompleteandclickApply

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ClickApplyandyouwillcometothispage

ThesamestepsneedtobefollowedforSecondaryLedger. ClickCompletewhendone.
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Youwillcometothispage

ClickYes.

ClickonCloseWindow
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ChecktheConcurrentRequest

SoithascompletedandthestatusisNormal


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