Hierarchy
EA-FIN (Software Component) EA-FIN⤷
CA-JVA (Application Component) Joint Venture und Production Sharing Accounting⤷
GJV2 (Package) Joint Venture Development
IMG Activity
| ID | SIMG_MAS_0012 | NPI Groups |
| Transaction Code | S_KK4_66000091 | IMG-Aktivität: SIMG_MAS_0012 |
| Created on | 19991013 | |
| Customizing Attributes | SIMG_MAS_0012 | NPI Groups |
| Customizing Activity | SIMG_MAS_0012 | NPI Groups |
Document
| Document Class | SIMG | Hypertext: Object Class - Class to which a document belongs. |
| Document Name | SIMG_MAS_0012 |
Under a net profit interest (NPI) agreement, an equity group partner in a venture yields equity in the venture to the operator in exchange for a percentage of the venture's future revenues.
In this step of JVA configuration as you set up NPI groups, you will specify the percentage of revenue for a venture and equity group that an NPI partner belonging to that group will be assigned when the NPI netting process is executed for a period.
Example
Requirements
Standard settings
To designate a partner of a venture and equity group as an NPI partner, you must perform the following additional steps in JVA processing after setting up the NPI group in configuration:
- Assign the NPI group to the equity group (NPIG field) to which the partner to be subject to NPI processing belongs on the JOA
- Assign an interest type (T field) of 2 for Net Profit Interest to the partner's interest for the equity group on the JV
As a result of the partner being designated an NPI partner, the expenses and revenues that would normally accrue to the partner's share in the JV and equity group will be assigned to the operating partner.
When the CI/NPI netting process is executed for the accounting period, the partner will be accorded the percentage of revenue specified here in configuration for the NPI group to which the partner is assigned on the JV from the operating partner's share.
Recommendation
Activities
To define an NPI group in this step of JVA configuration, enter the following information in these fields:
In the NPIG field, enter the name of the NPI group.
In the NPI Pay % field, enter the percentage of revenue for a venture that partners assigned to this group will receive.
In the JV Net Profit Int Text field, enter a description for NPI group.
Further notes
Business Attributes
| ASAP Roadmap ID | 203 | Establish Master Data |
| Mandatory / Optional | 2 | Optional activity |
| Critical / Non-Critical | 1 | Critical |
| Country-Dependency | A | Valid for all countries |
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_T8J2A | V - View | GJ44 | MAS_0012 | Net profit interest groups |
History
| Last changed by/on | SAP | 20010306 |
| SAP Release Created in |
