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    Create Legal Entities

    Uploaded by

    yramesh77
    Create a legal entity by following steps to enter identifying information such as name, address, and tax registration numbers. Set the scope of tasks to the new legal entity. Define assets, liabilities, income and intercompany trading for each registered company or recognized legal entity.

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    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd

    Create Legal Entities

    Uploaded by

    yramesh77
    135 views2 pages
    Create a legal entity by following steps to enter identifying information such as name, address, and tax registration numbers. Set the scope of tasks to the new legal entity. Define assets, liabilities, income and intercompany trading for each registered company or recognized legal entity.

    Original Description:

    Create Legal entity in R13 instance

    Copyright

    © © All Rights Reserved

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    DOCX, PDF, TXT or read online from Scribd

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    Create a legal entity by following steps to enter identifying information such as name, address, and tax registration numbers. Set the scope of tasks to the new legal entity. Define assets, liabilities, income and intercompany trading for each registered company or recognized legal entity.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    135 views2 pages

    Create Legal Entities

    Uploaded by

    yramesh77
    Create a legal entity by following steps to enter identifying information such as name, address, and tax registration numbers. Set the scope of tasks to the new legal entity. Define assets, liabilities, income and intercompany trading for each registered company or recognized legal entity.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 2

    Create Legal Entities, Registrations, and

    Reporting Units
    Define a legal entity for each registered company or other entity recognized in law for
    which you want to record assets, liabilities, and income, pay transaction taxes, or
    perform intercompany trading.

    Legal Entity
    Create a legal entity by following these steps:

    1. Navigator > Setup and Maintenance > Manage Legal Entity > Go to Task.
    2. Accept the default Country, United States.
    3. Enter Name, InFusion USA West.
    4. Enter Legal Entity Identifier, US0033.
    5. Optionally enter Start Date. When the start date is blank the legal entity is
    effective from the creation date.
    6. Optionally enter an End Date.
    7. Optionally, if your legal entity should be registered to report payroll tax and
    social insurance, select the Payroll statutory unit check box.
    8. Optionally, if your legal entity has employees, select the Legal employer check
    box.
    9. Optionally, if this legal entity is not a payroll statutory unit, select an existing
    payroll statutory unit to report payroll tax and social instance on behalf of this
    legal entity.
    10. Enter the Registration Information
    11. Accept the default Identifying Jurisdiction, United States Income Tax.
    12. Search for and select a Legal Address, 500 Oracle Parkway, Redwood Shores, CA
    94065.
    The legal address must have been entered previously using the Manage Legal
    Address task.
    13. OK.
    14. Optionally enter a Place of Registration.
    15. Enter the EIN or TIN.
    16. Enter the Legal Reporting Unit Registration Number.
    17. Save and Close.
    18. Navigator > Setup and Maintenance > Define Legal Entries > Manage Legal
    Entity > Select to set scope.
    19. Select the Manage Legal Entity.
    20. In the *Legal Entity list, select Select and Add.
    21. Click Apply and Go to Task.
    22. Select your legal entity.
    23. Save and Close.
    This sets the scope for your task list to the selected legal entity.
    24. Save and Close.

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