Need best practice to create intercompany supplier and customer based on legal entity.

Summary:

We are looking for best practices for creating intercompany suppliers and customers based on legal entities in Oracle Fusion. Currently, when we create a legal entity, it only results in the creation of a party record. Is there a recommended approach or configuration that allows us to automatically create the corresponding customer and supplier records directly from the party?

Content (please ensure you mask any confidential information):

Version (include the version you are using, if applicable):

Code Snippet (add any code snippets that support your topic, if applicable):