SAP ABAP IMG Activity KAP_ART (Define Types of Corporate Actions)
Hierarchy
☛ BBPCRM (Software Component) BBPCRM
   ⤷ CRM (Application Component) Customer Relationship Management
     ⤷ CRM_APPLICATION (Package) All CRM Components Without Special Structure Packages
       ⤷ FVVW (Package) Treasury Management: Securities
IMG Activity
ID KAP_ART Define Types of Corporate Actions  
Transaction Code S_ALR_87003872   IMG Activity: KAP_ART 
Created on 19981222    
Customizing Attributes KAP_ART   Define Types of Corporate Actions 
Customizing Activity KAP_ART   Define Types of Corporate Actions 
Document
Document Class SIMG   Hypertext: Object Class - Class to which a document belongs.
Document Name KAP_ART    

In this activity, you define the corporate action types for the corporate action categories that are predefined in the system. Using the corporate action types, you can specify additional evaluation groups to classify corporate actions.

You can, for example, assign posting authorizations depending on the corporate action type.

Example

CATYPE    Text        CACAT            NRnge

10    Standard stock split        Stock split            01

11    Reverse split        Stock split            01

20    Stock swap without

    pay in/pay out        Stock swap            01

21    Stock swap with

    pay in        Stock swap            01

22    Stock swap with

    pay out        Stock swap            01

...

Requirements

You must have defined the number ranges for corporate actions.

Activities

  1. Choose 'New entries'.
  2. Assign a two digit number for the corporate action type.
  3. Assign a long name for the corporate action type.
  4. Assign a corporate action category to the corporate action type. This category enables you to control which interfaces are used for defining and exercising the corporate action.
  5. Assign a number range to each corporate action type which is used to assign numbers to the corporate actions of this type. To define the number ranges, choose 'Define Number Ranges for Corporate Actions'.
  6. The entries in the ''Lot generation' are relevant if you have chosen the differentiation term 'Lot' for separating your positions in the parallel valuation areas (in the IMG activity 'Define and Assign Differentiations') and you therefore manage some of your positions at lot level.

    When you execute corporate actions with certain corporate action categories, new positions are generated from existing positions. When you manage your positions at lot level, you may have a situation where 3 purchases were made for an ID number in a securities account, which are managed individually. When you execute a stock swap, for example, you now have to decide how to manage the positions of the new stock. There are 3 ways of doing this:

    • Acquisition creates 1 lot
      • With this variant, the position of the new stock is managed as a lot in the securities account.
    • Acquisition creates lots similar to sale w/o date retention
      • With this variant, the positions of the new stocks are managed in corresponding lots like the old stocks. However, the new positions are managed as of the key date of the corporate action.
    • Acquisition creates lots similar to sale with date retention
      • With this variant, the positions of the new stock are managed in corresponding lots like the old stocks and are also managed from the date of the old positions.

      Select one of the three options.

  7. Save your entries.

Business Attributes
ASAP Roadmap ID 204   Establish Functions and Processes 
Mandatory / Optional 2   Optional activity 
Critical / Non-Critical 2   Non-critical 
Country-Dependency A   Valid for all countries 
Assigned Application Components
Documentation Object Class Documentation Object Name Current line number Application Component Application Component Name
SIMG KAP_ART 0 KFM0000010 Back Office 
Maintenance Objects
Maintenance object type C   Customizing Object 
Assigned objects
Customizing Object Object Type Transaction Code Sub-object Do not Summarize Skip Subset Dialog Box Description for multiple selections
V_TZBKM V - View SM30 0000000000  
History
Last changed by/on SAP  20000718 
SAP Release Created in