Skip to Content
Author's profile photo Jasmine Li

Capitialized dividends

For dividend on stocks or revenues of funds (condition based flows), instead of distribute their revenue in cash, both of them issue new shares occasionally.  This is possible with the function “capitalized dividend” in the system.

The system processes this activity within the manual debit position (T-code FWZE) when posting dividend. There is button “Capitalize”, with this button, you can specify which amount is distributed in the form of shares and how many there are of these shares.

FWZE.png

Assign Update Types to the Functions of Security Account Management.png

The business transaction consequently receives two additional flows. One represents the inflow of the shares (flow SAM80115); the other, the revenue (flow SAM8014).

TPM13.png

To ensure that the system provides the additional button, in customizing, you must specify update types for the two additional flows: SPRO > Financial Supply Chain Management > Treasury and Risk Management > Transaction Manager > Securities > Position Management > Securities Account Management > Update Types > Assign Update Types to the Functions of Security Account Management:

Assign Update Types to the Functions of Security Account Management.png

Update Types for Capitalization of Div./Prof.Dist.

Update types.png

update types 2.png

The update type which represents the position has to be assigned with position change category “1011 Post Purchase Value” in customizing : Treasury and Risk Management > Transaction Manager > General Settings > Accounting > Settings for Position Management > Set the Effects of the Update Types on the Position Components.

PCC.png

In account determination, it should be defined as below:
Position update type SAM8015 -> position / technical clearing;
Revenue update type SAM8014 -> technical clearing / revenue.

Account determination.png

position flow.png

revenue flow.png

The two update types need to be set as relevant for posting in customizing. In tcode TPM20, posting journal  would be like below:

TPM20.png

Assigned Tags

      4 Comments
      You must be Logged on to comment or reply to a post.
      Author's profile photo Ivan Renato Menacho
      Ivan Renato Menacho

      Dear Jasmin,

      In your useful manual you mentioned about the update type SAM8015 has to be assigned with position change category “1011 Post Purchase Value” in customizing : Treasury and Risk Management > Transaction Manager > General Settings > Accounting > Settings for Position Management > Set the Effects of the Update Types on the Position Components.

      My question is what about the update type SAM8014, which position change category has to be assigned? the same 1011 Post Purchase value?, because on my configuration is set 1006 Indirect Position Change.

      Thanks in advance for your reply.

      Best regards,

      Ivan Menacho

      Author's profile photo Jasmine Li
      Jasmine Li
      Blog Post Author

      Hello Ivan,

      It is right to set the position change category for SAM8014 to " 1006 Indirect Position Change.

      Best regards,

      Jasmine

      Author's profile photo Former Member
      Former Member

      Dear Jasmin:

      Do you know if you can capitalize the dividends only by stock units not by dividend amount?, and also with Zero cost?

      Kind Regards

      Andrés

      Author's profile photo Former Member
      Former Member

      Nevermind, I've realized how to this, thanks anyway

      Regards

      Andrés