Create establishments with minimum required information using the Create Establishment page.
If you create an establishment from an existing organization, the organization name and number are defaulted from the organization. The organization number is not updateable in this case, even if the HZ: Generate Party Number profile option is set to No.
If no jurisdictions are set up for the territory selected, the registration information (the registration number and address) is not required and is not displayed. Otherwise, the registration information is required and displayed. Additional establishments are required only in countries where another legal entity location needs to registered with legal authorities (for example, India, Brazil, and Germany). These establishments may or may not be located in the legal entity's country. Establishments, including main establishments, may follow different sets of rules if they do business in different activities or are located in different areas.
You cannot create a new main establishment from the Create Establishment page. To create a new main establishment, you must create a new establishment, then change the main establishment.
Additional Information: Only the legal entity is stamped on transactios headers. Establishments can instigate, initiate, and control a transaction, but the ownership of a transaction lies with the legal entity. In one transaction, each line can refer to different establishments.
Key fields are:
Territory: The territory in which the establishment is registered. It can be different from the legal entity's territory. The selected territory determines the jurisdiction to which the establishment needs to register and the context of the information that is displayed in the General Information region. The jurisdiction determines the prompt for the registration number. If there is no jurisdiction for this territory or it has no establishment registration code set up, then the establishment is created without registration information (without a registration record).
Parent Legal Entity: Available only when an establishment is created from an existing organization. Select the parent legal entity to which the establishment belongs.
Organization Number: The organization number is used to identify organizations. It is displayed only when the HZ: Generate Party Number profile option is set to No. Otherwise it is not displayed and is generated automatically.
Registration Number: The jurisdiction determines the prompt(s) for the registration number(s). The establishment registration number prompt is displayed if it is set up for the jurisdiction. If it is not set up or there is no jurisdiction set up for this territory, the Registration Number field is not available. The registration number must be unique within a jurisdiction.
Legal Address: You can create a new address or use an existing one. The legal address must be located within the territory. This field is not available if there is no jurisdiction for this territory or the jurisdiction has no Establishment Registration Code setup.
General Information region:This region displays the following information:
Inception Date: Optionally enter the date of the establishment registration (creation). It can be on or before the system date and on or after legal entity's inception date but must not be a future date.
Additional fields that become available in context of the country: Type of Company, Business Activity, and Secondary Activity. These attributes are optional and implemented as the Establishment Context Information developer flexfield. This field is not updatable. The Type of Company and Business Activity may be named differently and have different seeded LOVs in the context of a particular territory.
Context Value: Define additional attributes using the Additional Establishment Information customer flexfield. The Context Value field is a drop down list that contains Context Field Value names defined for this flexfield. Select an appropriate context to enter additional establishment information.
Additional Information: Registration, Create Registration Page, and Establishments.