What are Enterprise Structures in Oracle Fusion Financials Cloud?

Oracle Fusion Applications Cloud have been designed to ensure your enterprise can be modeled to meet legal and management objectives. The decisions about your implementation of Oracle Fusion Applications are affected by your:

  1. Industry
  2. Business unit requirements for autonomy
  3. Business and accounting policies
  4. Business functions performed by business units and optionally, centralized in shared service centers
  5. Locations of facilities

Every enterprise has three fundamental structures that describe its operations and provide a basis for reporting.

  1. Legal
  2. Managerial
  3. Functional

In Oracle Fusion, these structures are implemented using the chart of accounts and organization hierarchies. Many alternative hierarchies can be implemented and used for reporting. You are likely to have one primary structure that organizes your business into:

  1. Divisions
  2. Business Units
  3. Departments

Align these structures with your strategic objectives.

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