Oracle Applications

Oracle for Beginners

E-Business Tax Setup: Create First PartyLegal Entity and Establishment

Posted by shameemakhtar on July 2, 2009

Platform: R12

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

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.

See Document ‘Operating Unit’ (Document to follow).

Shameem Bauccha

1 July 2009

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One Response to “E-Business Tax Setup: Create First PartyLegal Entity and Establishment”

  1. prasanthbab said

    Hi,

    could you please brief me about Legal entity , Party type setup, Address setup for country wise.

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