This is a required step if you want to use E-Business Tax. If you are using General Ledger, then you will have already defined the Legal Entity and Establishment
Create First Party: Legal Entity and Establishments
Refer to the following documents:
Accounting Setup Manager
Legal Entity and Establishment
You need to define the following:
Legal Entity
Legal Establishments for the Legal Entity
Note that Legal Establishments are setup under a parent Legal Entity.
Click on the ‘Go to Task’ icon. Alternatively you may also navigate as follows:
Legal Entity Manager –> Legal Entity Configurator
First Party: Legal Establishment
Setup a Legal Establishment for each office, warehouse, centre etc. which requires registration with a tax authority for one or more taxes. You can setup Party Tax Profiles for each Legal Establishment.
Set the following for each Legal Establishment:
- Party Tax Profiles
- Tax Registrations
Also setup your Operating Unit.
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