Creating A Reporting Unit

To create a reporting unit, do the following:

1. In the Reporting Units page, click +Create in the grid menu above the list of reporting units. The Create Reporting Unit dialog will be displayed in which you can enter the details of the reporting unit that you want to create.
2. You must enter a code for the reporting unit in the Create Reporting Unit dialog. Optionally, you may also enter its name as well as any related notes.
3. Optionally, you can also select to create an entity in ONESOURCE Tax Provision and/or in ONESOURCE Income Tax that corresponds to the reporting unit that you are creating in General Ledger Manager.
4. Click Create in the Create Reporting Unit dialog.

If you chose to create a corresponding entity in ONESOURCE Income Tax, then once the reporting unit is created in General Ledger Manager another dialog will be displayed in which you must enter additional data required by Income Tax to create the entity. Fields with an asterisk require entries in this second dialog. Enter the required data and then click Save.

If you chose to create a corresponding entity in ONESOURCE Tax Provision, you do not need to complete an additional dialog.

NOTE: All of the following rules and application behaviors apply to corresponding entity creation in ONESOURCE applications:

• You must be an authorized user of the ONESOURCE application in which the corresponding entity will be created. Before the process to create a corresponding entity begins, an attempt will be made using single sign-on verification to validate your sign-on credentials for each applicable ONESOURCE application. If your credentials are not valid, then an error message will result.
• The process of creating a corresponding entity occurs immediately after the reporting unit has been successfully created in General Ledger Manager and after your sign-on credentials have been validated in the ONESOURCE application. (For entity creation in ONESOURCE Income Tax, this process includes the completion of a second dialog as previously stated.)
• Corresponding entities that are created in other ONESOURCE applications have the same code and name as the reporting unit that you created in General Ledger Manager.
• The character limits and restrictions for codes and names for entities in other ONESOURCE applications apply in the creation of corresponding entities.
• Changes to or editing of corresponding units created in ONESOURCE Tax Provision and to corresponding entities created in ONESOURCE Income Tax must be performed in those applications.
• No confirmation message is displayed when a reporting unit is created successfully. A message is displayed only when an error occurs during an attempt to create a reporting unit. When you are creating a reporting unit and a corresponding entity, though, once the reporting unit is created, a message will always be displayed to indicate if the corresponding entity was successfully created or not.