AX2012 - Number Sequence (Differences Between Legal Entity And Company)

Hi,

What is the difference between legal entity and company for AX2012?

Thanks,

Lee

A company is a unique identifier for the data that is associated with the legal entity. A company can be associated with only one legal entity, and a legal entity can be associated with only one company.

A legal entity is an organization that is identified through registration with a legal authority. Legal entities can enter into contracts and are required to prepare statements that report on their performance.

What is the use to distinguish legal entiy and company in the segmentation of the number sequences?

It is possible to select either ‘legal entity’ or ‘company’ in the setup of number sequences.