Plan and implement legal entities in finance and operations apps
A legal entity is an organization that is identified through registration with a legal authority. Legal entities can enter into contracts and are required to prepare statements that report on their performance. You must plan and configure your organization and create legal entities as one of the first steps of implementing finance and operations apps.
Learning objectives
In this module, you will learn how to:
- Create a legal entity and generate number sequences.
- Create a number sequence.
- Create organization hierarchies.
- Assign purposes and policies to hierarchies.
- Configure calendars and date intervals.
Prerequisites
- General knowledge of Microsoft Windows
- General knowledge of basic navigation in finance and operations apps