Create First Party: Legal Entity and Establishments
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.
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
[caption id="" align="alignnone" width="852" caption="Legal Entity Configurator Homepage"]
[/caption]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.
[caption id="" align="alignnone" width="855" caption="First Party Legal Entity and Establishment"]
[/caption]Set the following for each Legal Establishment:
- Party Tax Profiles
- Tax Registrations
[caption id="" align="alignnone" width="854" caption="Establishment"]
[/caption]Also setup your Operating Unit.
See Document ‘Operating Unit’ (Document to follow).
Shameem Bauccha
1 July 2009
