Legal Entity Registration Number in Oracle Fusion
If your legal entity has employees, optionally select the Legal employer check box. By default, a record of a legal entity with the same name as the legal entity is created. To verify this, locate the Manage Legal Entity Registrations task, and then select Go to Task. To create another record for the legal entity, follow these steps: Select Yes or No for the primary reporting unit. Set the value to yes only if you are creating a new legal statement master (main) unit. If you want your legal entity to be registered for payroll and social security reporting, optionally select the Legal unit for payroll check box. If this legal entity is not a legal payroll unit, optionally select an existing legal entity to report payroll tax and social authority on behalf of this legal entity. This sets the scope of your task list to the selected legal entity. Define a legal entity for each registered company or other legally recognized legal entity for which you intend to record assets, liabilities, and income, pay transaction taxes, or engage in intra-group transactions. When a legal entity is created, a legal reporting unit with the same name as the entity is also automatically created. To create additional legal reporting units or change settings, follow these steps: If desired, enter the alternate name, registration number, place of registration, issuing legal authority and address of the issuing legal authority, start date and end date. Find and select a legal address, 500 Oracle Parkway, Redwood Shores, CA 94065.
Accept the default setting Jurisdiction Identification, U.S. Income Tax.