How do I configure my new legal entity?

When logging into Occupier, you may encounter a message stating:

"Missing Information – New legal entities are missing critical reporting."

This occurs when a new legal entity has been added as a lessee in Lease Administration but hasn't been properly consolidated with its parent entity or set up with the necessary reporting details.

How to Fix This

  1. Click "Configure" on the right side of the message.

  2. Based on the situation, you will be prompted with one of two scenarios:

    • Scenario 1: A Single Entity Needs Configuration

      • You will be taken to the entity that requires setup.
      • Click "Configure".
      • Choose whether to consolidate with the parent or manually configure by selecting an accounting standard and reporting currency.
      • Click "Submit" to finalize the update.

     
    • Scenario 2: Multiple Entities Require Configuration

      • You will see a list of all legal entities.
      • Next to each new entity, you will find "Configuration required".
      • Click the three dots (⋮) on the right, then select "Edit" to update each entity accordingly.

By completing these steps, you ensure accurate reporting and compliance for all entities within Occupier.