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Hi,
I have created a legal entity and forgot which country/region I have selected. Where can I find this field in the legal entity screen. Also I have a scenario where the holding company company is Bermuda and the transactions are in USA. Should I set the legal entity country to Bermuda, and what effects it will have on the localization and tax?
Thanks
Hello Hossam,
You can find the details about this in legal entity form-》》 general-》》 localized functionality option.
There you have two options.
1- you can indicate system to pick up localisation based on the primary address region you have selected in your screen shot.
2- you can directly indicate localisation from the drop down
Hi Hossam,
Please check the primary address for this legal entity.
When you create a new legal entity, field for "Country/region" will be populated on primary address for the legal entity.
I hope it helps.
Regards,
Alireza
Hi Hossam EL Hassan,
You can check localization from the "Legal entity" form available in "Organization administration" module.
Please let us know if this helps.
Thanks,
You can find the details on the Organization administration>>Legal entities>>Open the legal entity which you have created and you will find the details of the country which you have created.
The localization and the tax will take effect based on the country which you have selected on the legal entity.
Sheela
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