Update the balancing segment value assignments for the legal entity in one of the following pages:

• Legal Entities tab

• Accounting Options page after assigning legal entities to accounting setups

Add value sets and balancing segment values to legal entities at any time

Prerequisites

• Define a legal entity.

• Assign a legal entity to an accounting setup to automatically assign the value set associated with the legal entity's ledger.

To update balancing segment values for legal entities:

1. Navigate to the Legal Entities page and search for a legal entity.

2. Select the Balancing Segment Value Assignments sub-tab.

3. To update the balancing segment value assignment, click Update.

4. Add one or more value sets.

   Once assigned, you cannot remove the value set.

   If you accidentally assign the wrong value set that is not associated with any of the legal entity's ledgers, the invalid value set will be ignored during transaction processing.

5. Add or remove balancing segment values.

   If the legal entity is assigned to a complete accounting setup, you cannot remove its balancing segment values. You can disable them by entering an end date.

6. Click Apply.

To update balancing segment values for legal entities that are assigned to accounting setups:

1. Navigate to the Accounting Options page for an accounting setup.

2. In the Legal Entities region, select the Update Balancing Segment Values icon for a legal entity.

   The value set associated with one or more of the legal entity's ledgers will be automatically assigned.

3. Add or remove balancing segment values for the appropriate value set.

   If multiple value sets are assigned to the legal entity, assign the same balancing segment value across value sets.