Stock/Shareholding/Invest.: Editing Conditions

When you enter conditions, you enter the general condition characteristics followed by the individual condition items of the various condition types.

A distinction is made between the fields in the general condition characteristics that you can set up yourself using the field selection function in Customizing and those that are predefined in the system. The latter type includes fields in which you are required to enter data for technical reasons (required entry fields).

General Condition Characteristics

Stocks/Shareholding

  • Indicator Partly paid

If you set the partly-paid indicator for a class, the table Payment rates/installments appears, where you can set the data for the partial payment.

Additional payments can be structured using the condition type Additional payment.

  • Dividend authorization area

  • Dividend authorization Effective from date

  • Percent: The percentage dividend authorization for each unit specifies how much of a dividend will be paid for a new issue as opposed to the old issue.

Investment certificate

  • Reinvestment area

  • Reinvestment indicator

  • Reinvestment discount

Condition Items

The following section describes how to enter condition types for the stock , shareholding and investment certificate product categories.

You assign a range of these condition types (i.e. a condition group) to the various product types from these product categories in Customizing.

You can use the field selection function to set the entry fields for each condition type as optional, required or display fields in Customizing for Securities by choosing Define Condition Types. The Customizing settings delivered with the system allow you to enter the condition types described in this section.

You can also assign default conditions for some fields in the Customizing activity Assign Condition Types to Condition Groups.

Dividends

Distributions

Bonus

Supplementary Payments

Notes for Processing

  • When you create a new class, the system displays different condition items according to the entries you made in Customizing when you chose Assign Condition Types to Condition Groups . If a condition type was set to Hide in Customizing, it is not displayed, and you have to call it up by choosing ( Insert additional items).

  • If a condition item is not filled, it is not displayed in the change mode. You can, however, include it again by choosing ( Insert line).

  • To enter a condition type more than once, go to the corresponding condition item and choose ( Insert line).

Note Note

The first condition item is valid until the Effective from date of the second condition item.

By clicking ( Duplicate line ), you can make it easier to enter the second condition item for the same condition type. The selected condition item is copied, and then you make the necessary changes to the copy (e.g. new dividend amount and payment date).

End of the note.

  • Choose the Cash flow button in the upper part of the screen to check your entries. In the fictitious Cash Flow you see whether the entries result in the required flows.

Note Note

The cash flow is only displayed in position currency. Local currency is not translated since no company code is recognized within the class data.

End of the note.

  • To delete a condition item, select it and choose ( Delete line ).

  • You see a padlock in front of every condition line. The padlock will either be opened or closed .

  • open means that the condition item can still be changed.

  • closed means that it can not be changed because it contains posted flows.