Real world legal entity does not equal Oracle legal entity
Hi,
In Oracle document https://docs.oracle.com/cd/E26401_01/doc.122/e48836/T433149T433153.htm, it says, "you can account for a part of a real world legal entity as if it were completely standalone when appropriate."
Now, we have 1 real-world legal entity incorporated in Australia, running business (having employees, warehouse etc...) across 2 countries (Australia and another country)
If we configure 2 legal entities in Oracle, but real world we stay as just 1 legal entity, what will be the risk / disadvanage / implication? I know the advantage is that we can configure 2 primary ledgers with different default currencies if we have 2 Oracle Legal Entities.