While using Oracle Applications, this can be a sample organizational structure.
With Oracle Applications accounting, distribution, and materials management functions, we define the relationships between inventory organizations, operating units, legal entities, and sets of books to create a multilevel company structure.
Legal Entities Post to a Set of Books
Each organization classified as a Legal Entity must specify a Set of Books to post accounting transactions. A Legal Entity can point to one and only one Set of Books.
Operating Units are Part of a Legal Entity
Each organization that you classify as an Operating Unit must reference a legal entity. An Operating Unit can point to one and only one Legal Entity.
Inventory Organizations are Part of an Operating Unit
Each organization that you classify as an Inventory Organization must reference an operating unit. An Inventory Organization points to one and only one Operating Unit, but through standard functionality can be referenced by any Operating Unit having the same Set of Books as the attached Operating Unit. Items are defined in the master inventory organization (master parts list) and added to the appropriate child inventory organizations. Any inventory transactions are then secured by operating unit.
(Oracle Corporation)
0 comments