To improve process efficiencies and reporting, Arby’s Restaurant Group, with EiS Technologies and eprentise, converted their legal entity fields and process within E-Business Suite. The conversion effort transformed Arby’s chart of accounts from using the cost center field and its parent-child relationships to using a company field to become legal entity. The presentation describes the stages of the conversion process lifecycle including planning, testing, and implementation, as well as General Ledger configurations to consider.
Learning Objectives: After completion of this program you will be able to:
- Objective 1: Define the process for Arby’s successful COA restructuring.
- Objective 2: Describe how COA restructurings are possible and beneficial as companies grow and change.
- Objective 3: Explain the steps Arby’s took for a successful COA restructuring.