You're almost there! Please answer a few more questions for access to the Applications content. Complete registration
Interested in joining? Complete your registration by providing Areas of Interest here. Register

Query Related to Legal Entity on Invoice Header

Question
1
Views
0
Comments

Summary:

Hi - Just to understand, i have below Qs:

1) what does the LE's significance on invoice header? Does the LE on invoice header has any transactional/Accounting impact or it is just for reference?


2) There are two legal entities involved here. The "transaction" legal entity (stamped on the PO header) and the "accounting" legal entity (derived from the BSV.) While in general both LEs are usually expected to match, there is nothing in the application really enforcing this (for example, you could have the Sold-to LE set to LE1 on PO header, but setup the transaction account rules (TAB) in a way that a BSV associated to LE2 is derived, and there is nothing in the application preventing you from doing this. Hecne we can have LE1 on PO header and a BSV

Howdy, Stranger!

Log In

To view full details, sign in.

Register

Don't have an account? Click here to get started!