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Legal Entity Rename and Impact

edited Feb 20, 2025 11:30AM in Payroll and Global Payroll Interface (GPI) 1 comment

Summary:

Currently, We have a legal entity 'ABC LTD' associated with Ledger and Employee master in HCM. We wanted to define new ledgers with new COA to move away from current ledgers and COA structure but however we wanted to use existing legal entities in the new enterprises structure.

We are reviewing the below solution option.
Rename the existing legal entity from 'ABC LTD' to 'ABC LTD_HR'. Once this is done, we all employees and HCM records will display employee tagged to renamed LE. Define a new 'LE' with the name 'ABC LTD' with new Ledger and COA structure. Once new LE is defined with the same old name ( ABC LTD), we perform a global transfer of employees from LE 'ABC LTD_HR' with 'ABC LTD'.

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