Hierarchy
SAP_HRCDE (Software Component) Sub component SAP_HRCDE of SAP_HR⤷
PA-PF-DE (Application Component) Company Pension Scheme Germany⤷
P01A (Package) HR Germany: Retirement Pension Plan
Basic Data
| Data Element | P01C_GEWBE |
| Short Description | Dividend |
Data Type
| Category of Dictionary Type | D | Domain |
| Type of Object Referenced | No Information | |
| Domain / Name of Reference Type | P01C_BETRG | |
| Data Type | CURR | Currency field, stored as DEC |
| Length | 9 | |
| Decimal Places | 2 | |
| Output Length | 13 | |
| Value Table |
Further Characteristics
| Search Help: Name | ||
| Search Help: Parameters | ||
| Parameter ID | ||
| Default Component name | ||
| Change document | ||
| No Input History | ||
| Basic direction is set to LTR | ||
| No BIDI Filtering |
Field Label
| Length | Field Label | |
| Short | 10 | Prof.Share |
| Medium | 15 | Profit Sharing |
| Long | 20 | Dividend |
| Heading | 12 | Dividend |
Documentation
Definition
The dividend is calculated as follows in the standard module procedure: total yearly modules from previous years * percentage constant for dividend for the current year.
The yearly module is the sum of the basic module and the dividend.
Yearly variations of the dividend are taken into account in the yearly module procedure. If the dividend percentage changes during the year, the constant value at the end of the year is used for the valuation. Therefore, the dividend for the year is not valuated proportionally.
If your pension scheme uses a different calculation method to the one described above, you can use a customer module to process the individual calculation steps. Be sure to note the age factor of the respective module procedure.
Example
Calendar year Contribution Annuitization factor Basic module Profit sharing percentage Dividend Yearly module
2000 4648 0.0209 8.10 5.0% 0.00 8.10
2001 4648 0.0209 8.10 3.2% 0.26 8.36
2002 4648 0.0209 8.10 3.5% 0.58 8.68
The basic module is calculated as the respective annuitization factor * yearly contribution, divided by 12, as a monthly pension is involved.
History
| Last changed by/on | SAP | 20011218 |
| SAP Release Created in | 470 |
