General Ledger company

The company is the highest organizational element in the General Ledger application. It can represent any business or legal entity of an organization, such as a corporation, holding company, division, or region.

You assign a chart of accounts, base operating currency, fiscal calendar, and optional security safeguards to a company.

You structure your company to match your business needs. Your first decision is whether you will need multiple companies or a single company. You can define up to 9,999 separate companies in General Ledger which you can consolidate for reporting and inquiry.

For more information, see the General Ledger User Guide.