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 Assigning Owners

Use

To assign owners with their respective owner shares.

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 tab.

  2. If you have already maintained owners on the business entity level, the owner factor of the business entity is already set and no further entry is required for the other master data objects.

  3. There are several possibilities to assign or create an owner.

Caution Caution

To carry out an owner settlement, you must have:

End of the caution.

  • Created a vendor account for each owner

  • Assigned the vendor account (vendor) in the master data of the owner

You do so by editing the owner master data (refer to table below for further details): Start of the navigation path Goto Next navigation step General data Next navigation step Control End of the navigation path : Assign the owner vendor account here.

Then choose Start of the navigation path Goto Next navigation step Company code Next navigation step Control End of the navigation path : Flag the vendor indicator.

Action

Choose

Assign partner with Owner role

Assign partner

Create partner with Owner role

Create natural person 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

Start of the navigation path Edit Next navigation step Owner Next navigation step Copy from BE. End of the navigation path

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

Note Note

You can change the owner factor set.

End of the note.

Result

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

  • As customer (automatic creation of a customer account in Financial Accounting)

  • With assignments of the corresponding vendor account

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.