Enterprise and general ledger companies

Creating a company requires setting up both an enterprise company and a general ledger company and then associating them to each other. An enterprise company is the company that must be created for your Enterprise Group. The general ledger company is then created and attached to the enterprise company. The general ledger company more fully defines the company, including information on a chart of accounts, currency, and the fiscal year. The general ledger company is used with accounting units and is often analogous to a GL Company in Infor HR Management.