Defining Legal Entity in Oracle Apps

This tutorial will guide you to define a Legal Entity in Oracle R12 Apps
Navigate to General Ledger > Setup > Financials > Accounting Setup Manager > Accounting Setups
Go to Legal Entity tab, Click on Create Legal Entity button

Enter the Territory, Legal Entity Name, Organization Name, Legal Entity Identifier and PAN details.
Select Transacting Entity as Yes

Select Existing Address
Enter the Location already created in the Legal Address field

For creating Locations, refer Defining Locations in Oracle Apps
Enter Place of Registration and the Currency
Click Apply
Confirmation will be displayed with the message that Legal Entity is created successfully

Also, you can search for the Legal Entity created and it will display the result as below

Cheers. Enjoy Learning Oracle Apps J