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What is the recommended setup for timezone?

in Payables, Payments & Cash Management 2 comments

Summary:

What is the recommended setup for timezone? 

Content (please ensure you mask any confidential information):

We are currently implementing Oracle Financials Cloud, including GL, FA, CM, AP, AR. The timezone setups required for each module is unique. Some recommend setting up the legal entity timezone, whereas others have no such recommendation. I would like to know what are the best practises to follow if the organization is spread across 3 timezones and each entity has individual business unit functions.

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

23D

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

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