Editing Objects: Owner 

Requirement

If you wish to carry out an owner settlement based on a particular owner, you first have to create a vendor account for each owner in Financial Accounting ( See also:

Partners for Owner Management).

Procedure

1. Choose the Owner function.

The system prompts you to enter the ownership factor.

If you have already maintained owners on the business entity level, the owner factor of the BE is already set and no further entry is required for the other master data objects.
  1. After making your entries, you reach the Owner screen by selecting ENTER or Continue.
  2. There are several possibilities to assign or create an owner.

To carry out an owner settlement, the following is required:

You do so by editing the owner master data (see table below for further details):

Goto ® General data ® Control: Assign the owner vendor account here.

Then choose

Goto ® Company code ® Control: Flag the vendor indicator.

Action

Choose

Assign partner with Owner role

Assign partner

Create partner with Owner role

Create nat.pers. or create organization

Edit data on owner

Choose required owner and select Change owner.

You can now edit the master data for the business partner

Copy the owners of the business entity within the master data of a building or property

Edit ® Owner ® Copy from BE

This function is only active if no owners are assigned to the property or building

You may change the selected ownership factor via Edit ® Factor...

Result

After saving the owner master data, partner with role owner 800 now exists

Further steps

Assign the owner customer account in the master data of the owner vendor account.

This enables you to carry out the owner settlement.

If no owner has been entered on the lowest level of the object hierarchy (for instance building), the owner of the higher-level object (for instance higher-level building or business entity) is used.