Impact Of R12 Latin America Localization Features Require A 1-1-1 Implementation Per Legal Entity (Doc ID 2136755.1)

Last updated on JULY 14, 2017

Applies to:

Oracle Financials for the Americas - Version 12.2.4 and later
Information in this document applies to any platform.

Goal

Under Multi-Org Structure Key Considerations in Oracle Financials for the Americas User Guide R12.2 Part No. E48764-04, it was mentioned as follows:

Companies may implement an enterprise structure that models multiple operating units per legal entity, as long as it is understood the following limitations apply:

Statutory features (for example tax reporting) for LAD countries may not function properly if a legal entity is split into multiple operating units.

Release 12 Latin America Product Localization features require a 1-1-1 implementation per Legal Entity (1 Legal Entity, 1 Operating Unit, and 1 Ledger).


What is the  impact of having one single ledger for 2 legal entities or 2 operating units?
 

Solution

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