Creating a new Legal Entity - correct steps?

Summary:

Hi All,

We had some new codes created in our chart of account segment for entitiy but the actual creation of new legal entities relating to them wasn't done therefore we are trying to do that setup retrospectively. We have completed the first two steps in their creation:

• Manage Legal Entity Address
• Manage Legal Entity

The next 3 steps had already occurred:

• Manage Chart of Accounts Value Sets
• Manage Account Hierarchies
• Publish Account Hierarchies

We understand this left us with three final activities, shown below:

• Assign Balancing Segment Values to Legal Entities
• Assign Legal Entities
• Review and Submit Accounting Configuration