GJ19- prior period equity change
GJ19 is similar to GJEC, but GJ19 is run for equity changes for the prior period. E.g. if there was a $100 charge and the equity share was 60/25/15 and there were postings in month 3 with this equity group.
Cutback has also been run i.e. we billed the partners based on the old equity group share.
GJ19 is for postings of the previous months.
This will reverse the old cutback entries and book them to the new partners based on the working interest in the new equity group.
Screen above shows the old equity group that is linked to equity group 2.
The screen below shows the vendor posting of $100.
The cutback screen below shows that it was billed in the ratio of 60/25/15 i.e. the working interest of the old equity group.
The new equity group has the working interest as 50/25/25.
The original posting’s document
date was 3/5/2018 and the new equity group is active is of 3/3/2018, so this posting should be adjusted to equity group 2.
Run the tcode GJ19 or access through the menu path below.
Enter the following
1- Company code for which you are running equity change.
2- Enter a venture if you are restricting it to a venture.
3- Enter the old and new equity group.
4- Enter the date range that the program should consider.
and enter the posting details.
Click on execute and see if you get any errors.
Click on the spools to view the details.
The bottom half will show you the current cutback share.
and then you see the new equity share
go back and remove the test run.
You might see a message
There should be no errors.
View the documents that were posted.
The first document is the reversal of the cutback that was done to the original equity group.
and then there is the new cutback with the new equity group.
The posting was done to the new equity share of 50/25/25.
Let us know if you have any questions by leaving a comment below. If you want to learn more about JVA, head over to the main jva page