General Ledger Business Units

When you define the operational business structure that a General Ledger business unit represents, note the functions that correspond to individual business units:

• Entering, approving, and maintaining journal transactions.

• Requesting background processing.

• Requesting reports.

• Defining ChartFields.

• Creating interunit journal transactions.

• Defining journal entry error and approval processing.

• Specifying a single base currency.

• Specifying tableset sharing.

• Enforcing security.