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Creating a new Legal Entity and then have two existing ones "roll up" to the new Legal Entity

in General Ledger & Intercompany

Summary:


We have been acquired. We currently have 2 legal entities, each with one BSV (Leg entity 1 with BSV 200 and and Le entity 2 with BSV 201) in Canada. Our execs want us to operate under a new Canadian Legal Entity by Jan 1. The company that acquired us is not live on Oracle yet (we are) and they don't want to set us up in their Legacy ERP since it is going away. Would it be possible to create the new company LE in our Oracle and then put our two existing legal

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