Create Key Flexfield Segments

Navigation Path: General Ledger→Setup→Financials→Flexfield→Key→Segment

Open this Window

Find Application General Ledger with title of Accounting Flexfield
Then create new Structure of Segment i.e. UCP CO

Save.

Create Value sets

Navigation Path: General Ledger→Setup→Financials→Flexfield→Key→Validation→Set

Create a Company (UCP Company)

Create Department (UCP Department)

Create Natural Account (UCP Natural Account)

Create a Reserve/ Future1 (UCP Future1)