Hierarchical Organization Report Structures

You can create hierarchical structures for each business unit and across companies. Each structure can contain multiple levels of parent, child, and grandchild relationships.

For reporting purposes, you can organize the parent/child hierarchies based on structures that you define for financial, geographical, or responsibility reporting. Parent/child hierarchies can be as simple or complex as you require.

To create organization report structures, you create parent/child relationships for business units. Any business unit that is designated as a parent must be associated with a complete chart of accounts. A parent business unit does not have to be a posting business unit.

With organization report structures, you can:

• Organize business units into multiple levels of parents and children.

  A business unit can be both a parent and a child, and each business unit can have multiple children. However, a business unit cannot have a parent that is also a child of the same business unit.

• Add or revise parent-child structures at any time.

  For example, you can add children to an existing parent/child structure.