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Legal Reporting Unit

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edited Jun 26, 2020 2:41PM in Tax & Global 3 comments

Summary

Legal Reporting Unit

Content

Hi,

We have a design decision scenario as  below. Request if you can help with 

If a legal entities have VAT registration in different countries, do we need to create different legal entities in Oracle or it can be managed through  "Legal reporting units" in oracle cloud ERP ?

If we need to deploy "Legal reporting units" what are the reports we can pull out to check for individual countries VAT transaction based on different legal reporting units having a single legal entity.

Need to understand this from design decision perspective. Your inputs will be appreciated.

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