What is GRE/legal entity or GRE organisation and its
purpose and difference between it and other organisation
types?



What is GRE/legal entity or GRE organisation and its purpose and difference between it and other o..

Answer / suddu225

A legal entity represents the designated legal employer for
all employment-related activities. The legal authorities in
a country recognize this organization as a separate
employer. In an organization hierarchy, a legal entity may
report to an operating company or to the ultimate legal
entity.A legal employer is a legal entity that is
responsible for employing people in a particular country.
Therefore, if you employ people in a country, then you must
have at least one organization classified as a legal entity
and a legal employer. The Configuration Workbench classifies
an organization as a GRE/Legal Entity where your enterprise
operates in a country, and classifies it as an Employer if
you employ people in that country also. For example, you can
have a legal entity in a country where you do business, but
do not employ people in that country.
The ultimate legal entity represents the
enterprise, and typically, the enterprise is the
highest (global) level of a business organization. The
ultimate legal entity is the parent
company or organization for all its subsidiaries and
divisions. Oracle HRMS represents
the ultimate legal entity with the GRE/Legal Entity
organization classification.


IN SHORT :
GRE/Legal Entity: Use this classification to represent the
following organizations:
• Ultimate Legal Entity: this represents the enterprise, and
typically, the
enterprise is the highest (global) level of a business
organization.
• Legal Entity: this represents the designated legal
employer for all
employment-related activities. The legal authorities in a
country recognize this
organization as a separate employer. In an organization
hierarchy, a legal entity
may report to an operating company or to the ultimate legal
entity.
• Consolidated Legal Entity: this organization acts on
behalf of multiple operating companies that are not legally
registered, or simply on behalf of the
enterprise in a country.

Is This Answer Correct ?    17 Yes 3 No

Post New Answer

More Oracle Apps HRMS Interview Questions

Hi, I am Samrat Saha. I did BCA & MBA ( major HR & minor System). i m 2009 passout. i also did Oracle Apps Core HRMS & SCM( O2C Transaction & setup, OM setup, Po Setup, INV Setup) certification... I Had 9 month experience on HR domain.. now i want to switch in Oracle Apps, as Functionalist.. i need help to get a job.. my email: samrat.contact@gmail.com

0 Answers  


What are all the INTERFACE Tables available in HRMS?

4 Answers   IBM, Tech Mahindra,


How many key flex fields in HRMS?

0 Answers  


I am using 11.5.10.2 vision database for practicing HRMS modules , can you tell me for payroll processing what patches are required to run the payroll and what patches are required to open the external site visitor page in iRecruitment? Thanks in advance

0 Answers   IBM,


What is the difference between Customization,Personalization and Configuration in Oracle Apps?

1 Answers   Eidiko, TCS,






HI, I am nithi,I had Completed MBA with HR and Systems in 2006 Sept.my undergraduation is BSc Computer science.I have 1 year and 6 months of Exp in US Recruitment working only for Oracle Requirements.Now i am Undergoing Oracle HRMS Training from Oracle University.Its a 15 days course after completing this course i will become a oracle certified consultant.My question is, 1)how is the future of this course because i paid huge amount to do this? 2)After completing the course can i mention i have 2 yrs of exp in Oracle HRMS or i want to apply as a Oracle certified consultant with MBA ? 3)what is the Starting salary minimum for oracle certified consultant?

3 Answers  


Hi I am Kumar I did MBA with HR & Marketing Currently I am Working as a Recruiter in Chennai. I am Looking for Oracle Apps ERP HRMS. Please any one suggest me for a good institution Which can Provide Certification Training & & I am not BE or technical background. & Is sap has more opportunities or Oracle HMS Will Do For ME Please any one Guide me,.,

0 Answers   Oracle,


Explain the steps involved in implementation of oracle hrms.

0 Answers  


What is date tracking in hrms?

0 Answers  


Hello, I have some queries reg the H1 visa, I did my Bachelors from India in Computers, worked there for 3yrs and came to UK to do my masters in Business Management (MBA). I am now looking to apply for H1 in 2009 and do Oracle HRMS. I heard some where that a Masters degree in UK is equivalent to 2years of work experience ( as i don't have enough work experience). Genuine answers are much appreciated. Thanks in advance. Harini

0 Answers  


Difference b/w delete and purge?

2 Answers   NTT Data,


HOW U CAN DO UAT IN ORCALE HRMS? WHAT ARE THE STEPS FOR THAT? WHAT ARE THE ESSENTIAL THING NEEDED FOR UAT?

2 Answers   Intel, Oracle,


Categories
  • Oracle Apps Technical Interview Questions Oracle Apps Technical (547)
  • Oracle Apps Financial Interview Questions Oracle Apps Financial (793)
  • Oracle Apps Manufacturing Interview Questions Oracle Apps Manufacturing (53)
  • Oracle Apps HRMS Interview Questions Oracle Apps HRMS (169)
  • Oracle Apps CRM Interview Questions Oracle Apps CRM (9)
  • Oracle Apps SCM Interview Questions Oracle Apps SCM (141)
  • Oracle Install Base Interview Questions Oracle Install Base (62)
  • Oracle Service Contracts Interview Questions Oracle Service Contracts (101)
  • Oracle Apps AllOther Interview Questions Oracle Apps AllOther (114)