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Creation of New Enterprise/Legal Entity with existing Setup

Summary:

Creation of New Enterprise with existing Setup 

Content (required):

We are looking to create new enterprise/legal entity to define into our existing setup, can some one share the points to be takes care for this.

Also, if I am creating the new enterprise/Legal Entity, can we use the same employee record to be used for both entity or we need different employee records to be created for this?

Any Inputs much appreciated.

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


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

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