on 10-25-2010 4:42 AM
Hi Expert,
I have a share need to increase the share capital amount but no change to holding postion units.
I tried to enter a manual coporate action but encounter some error message.
Is corproate action a correct way to handle this ? Or any suggestion to handle this case ?
Thank yo
Hi,
Please provide details of the scenario resulting in increase in share capital amount ; since you entered manual, I'm assuming it is not resulting from retained earnings, stock split (because units are same) etc.
Also, please update the steps taken and the error message you received.
Mani
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My scenario is:-
100,000 units x 10 price in INR = 1,000,000 value in INR
There is a capital call to increase the value to 1,200,000. I need to increase the value of 200,000 to existing share without touching the original unit quantity of 100,000 unit. After increasing the value, the market price will change from 10 INR / share to 12 INR / share. There should not have valuation gain at month end valuation run.
I'm not clear what is the appropriate step and tried used manual CA (FWK0). In FWK0 screen, there are ID no (refer) and ID (No.Trans). I entered both field with same security ID, + , position change (empty), Valua change (200,000), Reference unit (1.00000). Error message prompt when activate - "Detail about reference security not consistent with ID number <SEC ID>".
Is this the correct way to handle ?
Thanks in advance.
Hi,
In SAP for partly paid stocks, you create a separate product type and have a separate condition type for Supplementary payments which would be similar to your dividends.
So when there is a capital call, you create a condition in security master with that condition type and post it using debit position either manually or automatically similar to your dividends/bonus. Corresponding update types need to be maintained for the condition type and the update type should increase your position.
In the condition tab of the security master, check the partly paid check box and maintain the pay in rates and dates there.
Regards,
Ravi
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