What is Enterprise structure in oracle cloud
Overview of Enterprise structure in oracle cloud
In this article we will see how the Overview of enterprise structure
exists in oracle cloud. We will mainly focus on the relationship of the
Enterprise, Legal Entity and Business Unit. We will also see how a enterprise structure is defined in oracle cloud. We will have a detailed discussion of enterprise structure exist in oracle cloud.
What is Enterprise? or What is enterprise structure in oracle cloud?
An enterprise is a comprised of legal entities which shares common control and management. An enterprise organization holds the name of
the underlying enterprise and the location of the head offices.
Financial enterprise structures in oracle cloud are the entities which are used to define the reporting, legal and business aspects of any enterprise
Oracle cloud is designed to ensure that any enterprise
can be incorporated to meet legal and management objectives.
While implementing oracle cloud your decisions are affected
by your:
• Industry
• Business unit requirements for autonomy
• Business and accounting policies
• Business functions basically performed by its business units.
• Locations of facilities
Every enterprise is composed of three base structures legal,
managerial, and functional, which are used to describe their operations and
used as base for reporting.
Overview of Enterprise structure in oracle cloud or fusion
In Oracle Cloud, enterprise structure is slightly
different from the Oracle EBS. In Oracle Cloud, enterprise structure starts
with 'Enterprise'. After Enterprise, we have Legal Entities In enterprise structure in
Oracle Cloud.
After Legal Entities, we have Ledgers in enterprise structure. Now
in enterprise structure in Oracle Cloud, there is difference in
the Ledger Assignment. In Cloud, Two Legal entity can
assign to the single Ledger.
After Ledgers, we have Business Unit
in enterprise structure in Oracle Cloud. It comes in the
fourth Place. There is also a difference as compared to
Oracle EBS. In Oracle EBS, we do call Operating Unit but In Oracle Cloud, we do
call the Business Unit.
After Business Units, we have of Inventory Org
In enterprise structure in Oracle Cloud. It comes AT Fifth
place.
Below I have explained Overview of Enterprise structure in oracle cloud with simple pictorial example
Overview of Enterprise Structure in oracle cloud
The following figure and tablet describe the Business
Process Model structures and activities in Enterprise structure in oracle cloud.
Overview of enterprise structure in oracle cloud
Following table explains each Business process model in detail in Enterprise structure in oracle cloud
Enterprise structure in oracle cloud
Enterprise Structure | Overview of Enterprise structure | Enterprise structure in oracle cloud