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Hello,



I had a question on Chart of Accounts structure instances. How do they work/incorporated when creating your COA for a legal entity?



Grant Robinson | Consultant
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  • Accepted Answer

    Tuesday, February 02 2016, 04:59 AM - #Permalink
    0
    Grant,

    The COA Instance will be associated with a Ledger. The Ledger will be associated with a Legal Entity.

    Note that COA is only the basic structure in terms of segments. The segment value sets can be overridden at the instance level as we discussed in the training. The COA instance is the actual thing that is used for transactions in Ledger.

    Regards,
    Rohit
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