Enabling Local Chart of Accounts Mapping Setup

This Feature Console page allows you to update the relevant objects and page layouts to categorize transactions for reporting purposes. This is only required if you do not have an existing chart of accounts.

Work through the steps in the order shown. You must complete some steps manually.

For each manual step, follow the instructions on screen then click Mark As Done when the step is complete. More information about performing the manual steps is provided below.
For each automatic step, click Perform. When the step has completed, the Status changes from "Not Done" to "Done". Allow Use of Local GLAs and update VAT Company, General Ledger Account and User Company Layouts.

When you have completed all the steps, use the Status slider in the Feature section to enable the feature.

Manually Select the Country ISO Code

To select the country ISO code and create the corporate and country-specific Chart of Accounts structure,

Click Edit.
Select your country from the Available Countries list.
Click to add your country to the Selected Countries list.

Manually Create and Assign a Default Corporate GLA and Default Local GLA

For each country-specific chart of accounts structure, create and assign a default corporate GLA and default local GLA.

To create a default corporate GLA, create a new GLA account record and in the Chart of Accounts Structure field enter "Corporate".
To create a default local GLA for each country, create new GLA records and in the Chart of Accounts Structure field enter the country-specific structure.
In Chart of Accounts Structures edit each country-specific Chart of Accounts. In the Default Corporate GLA field enter "Default Corporate GLA" and in the Default Local GLA field enter the country-specific local GLA.
Select Active and click Save.