Multi Org in Oracle ERP R12
1. Business Group - This is highest level in the Organization Structure. The Business group secures HR Information. Multiple set of books can share same business group.
2. Legal Entity - It is a legal Business purpose, At this Level we prepared income tax reports.
3. Ledger - It is use to secure Journal and Ledger Balances of a company. A Ledger is a collection of Currency, chart of account, calendar and accounting Methods.
4. Operating Unit - It is a strategic business unit, At this level we partition and secure sales and purchase transaction data.
5. Inventory Organization - An Organization for which you track Inventory transactions and balances and/or an Organization that manufactures or distributes products.
Very nice explanation in small words
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