Create First PartyLegal Entity and Establishment

By Jag - August 01, 2012

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




Legal Entity Configurator Homepage

Legal Entity Configurator Homepage



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.


First Party Legal Entity and Establishment

First Party Legal Entity and Establishment
Set the following for each Legal Establishment:
-          Party Tax Profiles
-          Tax Registrations


Establishment


Establishment
Also setup your Operating Unit.
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