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Can we create a new entity (Company) under our legal entity after implementation?

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Summary:

Adding additional Company under legal entity

Content (required):

We are running Oracle Cloud and 23A release. We have been operating for a couple years. We need to add a Company to our chart of accounts. This would be the first segment in our COA string and it is also a balancing segment. Is this possible to do?

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

23A

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

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