Creating accounting entity groups

You can create accounting entity groups to use for processing. For example, you can revalue or translate a reporting basis by accounting entity group.

  1. Select Financials > Global Ledger > Setup > Finance Enterprise Group > Maintenance.
  2. Open the finance enterprise group and click the Accounting Entity Group tab.
    Note: On this tab, Accounting Entity is replaced by the label that is assigned to Accounting Entity on the finance enterprise group.
  3. Click Create.
  4. Specify the Accounting Entity Group name and Description.
  5. Click Save.
  6. Add accounting entities to the accounting entity group. Select the accounting entity group and click Create on the Members tab.
  7. Specify this information:
    Accounting Entity
    Select an accounting entity to add to the group.
  8. Click Save.