From Top to Bottom it is one-to-many relation, but from Bottom to Top it is many-

to-one relationship.
Business Group: It is group of organization.
Set of Book: It is combination of Chart of Accounts, Currency and Calendar. If we
make any change in any one of C, it will be new SOB.
Legal Entity: Government legal entity. They are responsible for tax returns.
Operating Unit: Where practically we are working inside the organization.
Inventory Organization: where we are storing the items or manufacturing activity
takes place.
Multi-Org:
When we run the ADADMIN Utility program system will convert from single
organization structure to multi organization structure. This has to run by the DBAs.
Resources of the organization have to be optimally utilized to get the maximum
growth of oracle.
Currency:
Setup  Currencies  Define
All the ISO supported currencies define by oracle whenever we are making the
transactions and if we are not able to get a particular for making the transactions
means currency has been disabled. After enabling the currency only we can translate
with the currency.
Code: for user ex: INR, USD
Name: This will be for system. System will record this currency with this name.
Description: User’s choice.
Issuing Territory: Any valid Country.
Symbol: Symbol of the currency.
Precision: user’s choice.
Max Precision: When calculations are there don’t give from date.
Calendar:
In oracle there is no concept of month, we are following Periods.
In a calendar we can have maximum of 365 periods (Daily Calendar) and minimum
of one period (Annual Calendar). There is no concept of leaf year.
Fiscal Year: April 1st to March 31st.
Calendar year: Jan 1st to December 31st.
Whenever we have to define the Fiscal year, we have to go for one year added or
forwarded. If calendar is not starting from January. If it is starting from January,
then there is no meaning from calendar year.
Adjustment Period:
For adjustment period we can go for overlapping of periods and Adj calendar can be
placed any where in the calendar.
Mar 01-Mar to 31-Mar
Adj 26-Mar to 31-Mar
Flex Fields: there are two types of Flex Fields.
1. Key Flex Fields
2. Descriptive Flex Fields
KFF is used for defining the structure, which will be used in different applications.
DFF is used for defining the additional information for which in oracle form, there is
no predefined field.
Chart of Account:
It is also known as a structure. Structure is comprises of number of segments. In a
structure we can have maximum of 30 segments and minimum of 2 segments. One
for the Balancing Segment (BS) and another one for Natural Account (NA).

Chart

take a new structure and give any code for the structure.
Ex: 001 TATA
We can choose the separator. Go to segment

Tablw

There arrs
1. Flex Field Qualifier (FFQ)
2. Segment Qualifier (SQ)
FFQ: by FFQ we are qualifying the segment whether the segment is balancing
segment or Natural Account or Cost Center or Inter company segment.
SQ: It qualifies the value for a segment for that particular value budgeting and
posting will be allowed or not.
Balancing segment:
BS is the segment for which we create balance sheet where debit has to be equal to
the credit.
Put your cursor in the company segment, go to FFQ and make it as BS and save it.
In account segment  FFQ and make it as a NA and save it.
Cost Center:
Some costs are involving and getting some outputs. If we work in Assets we should
have Cost Center, for others BS and NA are mandatory.
Dep segmnt  FFQ  Cost Center