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Implementing Cloud Financials: From Empty Pod to Go-Live · Module 5 · Legal Entities and Business Units

Lab briefing: Meridian structure

Lesson 56 of 153 · 2 min

Meridian again, and this time the structure is the deliverable. Two legal entities: Meridian Trading LLC, domestic, and Meridian Trading International, in the neighbouring country. The domestic entity runs both a wholesale and a retail operation, with separate buyers, separate payment terms, and a hard constraint — the wholesale manager must not see retail supplier pricing. The international entity is small: one operation, three staff. And shared services handles receivables centrally for both entities. Eight deliverables: a completed business unit design worksheet with a justification for the number chosen; two legal jurisdictions and two legal authorities; two legal entities with correct registration details and validated legal addresses; business units per your design with correct business function assignments; reference data set assignments per business unit; balancing segment values assigned to legal entities on the ledger you built earlier; intercompany system options and one balancing rule; and evidence — a posted cross-entity

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In this module: Module 5 · Legal Entities and Business Units

  1. 1The enterprise structure model
  2. 2Business unit granularityFree preview
  3. 3Legal jurisdictions and authorities
  4. 4Creating legal entities and reporting units
  5. 5Creating business units and assigning functions
  6. 6Tying it together
  7. 7Intercompany foundations
  8. 8What breaks
  9. 9Lab briefing: Meridian structure