Multi-Org :->What is multi organization (multi-org) structure in Oracle Apps R12?

Multi Organization (also referred to as multi-org) structure in Oracle Apps R12 is an enhancement from the earlier version of Oracle Apps viz. version 11i. This allows multiple organizations to be defined in a single instance of Oracle Apps and allow users to transact across multiple Operating Units and without changing responsibilities.

In more simpler terms, what this means is that a business conglomerate like General Electric which has businesses spread across various verticals like Energy, Appliances, Heavy Machinery etc. can be defined and setup in Oracle Apps R12 in a single instance. The data related to each of the businesses can be kept separate and secure by allowing users to only access to Operating Units to which they are granted access to.The access permissions for a user to a specific Operating Unit are restricted and defined with the help of Profile Options. There are various profile options to limit access of data to users. Some of the profile options are listed as follows:

MO: Operating UnitMO: Security ProfileMO: Global Security ProfileMO: Default Operating UnitBy assigning these profile options to a user or a responsibility of interest, the objectives of multi org access can be achieved. More details on how to configure these profile options would be detailed in a separate article.

Legal Entity :->A legal entity is a clearly identified entity, which is given rights and responsibilities under commercial law, through registration with the country�s appropriate legal authority. These rights and responsibilities are enforceable through the judicial system. A legal entity generally has the right to own property and trade, and the responsibility to repay debt and comply with labor law. Legal entities are responsible to account for themselves to company regulators, taxation authorities, and owners according to rules specified in the relevant legislation.

The legal entity belongs to the organization�s own corporate legal structure (enterprise). The legal entity is referred to as the internal legal entity and is the initiator and owner of a given transaction.

Primary Ledgers:->

A primary ledger is the main record-keeping ledger. Like any other ledger, a primary ledger records transactional balances by using a chart of accounts with a consistent calendar and currency, and accounting rules implemented in an accounting method. The primary ledger is closely associated with the subledger transactions and provides context and accounting for them.