Set Up Legal Entity Time Zones

The accounted date of Inventory and Manufacturing transactions determines the accounting period in which the transactions are booked. You can configure whether cost transactions and accounting entries use the time zone of the server, or the time zone of the legal entity.

To enable legal entity time zone, perform the following steps.

1. In the Setup and Maintenance work area, go to the following:

   • Offering: Manufacturing and Supply Chain Materials Management

   • Task: Manage Legal Entity Configurator Profile Options

2. In the Profile Option Code field, query for the option XLE_ENABLE_LEGAL_ENTITY_TIMEZONE.

3. In the Profile Values record, add a new row, and complete the required fields. The fields are described in the following table.

   Field	Description
   Profile Level	Set the profile level to Site. Don't use any other level because it would result in inconsistent data in Cost Management.
   Profile Value	This field is configured using the following options. Set the profile value to Yes to enable the legal entity time zone for transaction and accounting dates in Cost Management. If the profile value is set to Yes, then the legal entity address determines the time zone to be used for transaction and accounting dates. You can check the legal entity address by using the Manage Legal Entity task. Set the profile value to No to disable the legal entity time zone and to use the server time zone for transaction and accounting dates in Cost Management.

4. On the Setup: Manufacturing and Supply Chain Materials Management page, select the Manage Legal Addresses task.

5. Locate the legal entity by querying on the address field.

6. Set the legal entity time zone in the Time Zone field, and save your changes.