Transferring Part of the Revaluation Fund to Share Capital (SAP Library

Transferring Part of the Revaluation Fund to Share Capital

Use

Occasionally, a company may decide to increase its share capital by transferring a part of its revaluation fund to it.

In Asset Accounting (FI-AA), you record such transactions in the "share capital depreciation area," which is specially for this purpose. You can also make the appropriate postings In General Ledger Accounting (FI-GL) as well (see "Result" below).

Prerequisites

In Customizing for FI-AA, you have created an asset transaction type for the transfer, by choosing Special Valuation ® Revaluation of Fixed Assets ® Revaluation for the Balance Sheet ® Inflation Accounting ® Transaction Types ® ….

In the first activity, create a new transaction type for transferring revaluation fund to share capital.

We recommend that you call the transaction type 899. Set the transaction type group to 81 and select Debit Transaction. Leave all of the other fields blank.

In the second activity, restrict the transaction type to the share capital depreciation area (in the standard system, 11).

Procedure

In the Turkey menu, choose Inflation Accounting ® Transfer Revaluation Fund to Share Capital.

Enter the following data:

Enter the company codes that you want to make the transfers for
In the Run Mode group box, specify whether you want to run the program in test mode or in update mode.
In the Posting Parameters for FI-AA Documents group box, specify:

What values the asset document will have
What percentage of the revaluation fund you want to transfer to share capital
Which depreciation area you use for recording the revaluation fund and which you use for share capital

In the Posting Parameters for FI-GL Documents group box, specify which G/L account you use for share capital.

Choose .

A list of assets appears, showing which amounts will be deducted from the share capital depreciation area.

Select the assets you want and choose Batch Input Session.

Result

The program generates a batch input session, which you then have to process.

When you process the batch input session, it:

Posts an asset document in the share capital depreciation area to reduce the revaluation fund by the percentage that you have specified

The system creates one asset document for each asset.

Posts an accounting document to transfer the same amount from the revaluation fund and its corresponding depreciation account to the share capital account:

This graphic is explained in the accompanying text

The system creates one accounting document for each asset class.