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Best practices for making a Legal Entity inactive

Summary:

I would like to know the recommended best practices for making a Legal Entity inactive.

Specifically, I am looking for guidance on the following:

  1.  Is there a preferred approach (e.g., end dating vs. renaming it to 'Do not Use').
  2. Any common pitfalls or considerations to keep in mind?

Content (please ensure you mask any confidential information):


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

26A


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

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