Interested to Buy Any Domain ? << Click Here >> for more details...
What is GRE/legal entity or GRE organisation and its
purpose and difference between it and other organisation
types?
- 1 Answers
- 20168 Views
- I also Faced
- E-Mail Answers
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 |
how many types of extra infoemation is there?
does oracle support running of gather states on sys schema in oracle apps?
Hi all I am living in New Delhi and want to do Oracle HRMS. Can anybody tell me which is the best institute in Delhi for Oracle HRMS? second, from where i can do oracle certification in HRMS in Delhi?
Can a job have multiple positions?
What is Retro Pay in Oracle Payroll? How many types of Retro Pays are available?
wht is difference between md 50 and md 70.i want brief answer?
how to restrict the users to see the payroll data employee wise, they only can setup the basic elements and pay bonuses but cannot see the gross salaries of employees?
What are the vital features of Oracle HRMS?
What is a security profile in HRMS?
Hi, I just want to know the best institute to learn (oracle apps hrms functional)& best institute to get projects in oracle apps hrms functional.plz help me in this in finding the best Institute to learn oracle apps hrms functional ?
Explain about configuration, customization, legislation and localization.
what is i-recruitment?what are the set-ups for i- recruitments.?
Oracle Apps Technical 
