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January 5th, 2017, 12:11 PM
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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. |