2023 2024 EduVark > Education Discussion > General Discussion


  #1  
January 5th, 2017, 12:11 PM
Super Moderator
 
Join Date: Mar 2012
GRE Legal Entity In R12

Hi I want to know that is the legal entity from the GRE which is a HR organization can we link 2 entities together or not ??? also let me know the difference between the 11i GRE/LE and R12 LE???

Well in the R12 it is separate the legal entity from the GRE which is a HR organization.

You should not link the to entities together as they serve 2 different purposes altogether.

The HR model does not look at the new Legal Entity model.

It works to use the GRE/LE as a legal entity.

So the HR requirement can be achieved using the HR organization of type GRE/LE.

R12 Legal Entity model





Difference between the 11i GRE/LE and R12 LE?

R12 LE has a more robust definition

R12 LE is used more by processes and reports across financials

GRE/LE is upgraded as an LE in R12

In 11i GRE/LE was often a dummy LE, not real LE structure and had little use

LE impact R12 processing

Tax, Intercompany (AGIS), Global Features

Assign BSVs to my LEs in the Ledger

Allows you to run reports by LE

May make Intercompany rules easier to define

It is optional, if your BSV is your company code, you have an implied LE there in your
GL

It helps with some LE derivation for transaction stamping

Last edited by Neelurk; June 25th, 2020 at 09:39 AM.
Similar Threads
Thread
Directorate Of Legal Education
CMJ University Legal
BHEL Recruitment Legal
ONGC Legal Officer
GAIL Legal Officer
ONGC Legal Department
Legal Manager Yes Bank
ONGC Legal Job
Legal Advisors
MBA Legal SA
CIDCO Legal Recruitment
MBA Legal issues
Top Legal Outsourcing Companies
Legal jobs in NTPC
BPP Legal Courses



Quick Reply
Your Username: Click here to log in

Message:
Options



All times are GMT +5. The time now is 06:53 PM.


Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2024, vBulletin Solutions Inc.
Content Relevant URLs by vBSEO 3.6.0

1 2 3 4 5 6 7 8