Functional Area: Endowments Management / Run TIP Income Assessment/Distribution
Purpose
Use this procedure to run the monthly Interest Assessment process.
Trigger
Perform this procedure when month end has closed.
Prerequisites
None
Menu Path
Use the following menu path to begin this transaction:
- Enter ZEM into the Command field and click .
- Select Basic FunctionsPeriodic TasksTIP Income Distribution to go to the TIP Income Distribution screen.
ZENDW_05
Helpful Hints
- The R/O/C column in the field description tables below defines whether the field is required (R), optional (O), or conditional (C).
- On certain screens you may have to scroll to view some data entry fields.
Work Instruction
Functional Area: Endowments Management / Run TIP Income Assessment/Distribution
Procedure
1. / Start the transaction using the menu path or transaction code.
TIP Income Distribution
2. / As required, complete/review the following fields:
Field / R/O/C / Description
Distribution Period / Required / The fiscal month for which the TIP Income Distribution/Assessment is calculated.
Example:
09
Cash Account / Required / General Ledger Cash Account(s).
Example:
100010
to / Required / Specify the End criteria when displaying a range for any of the input parameters allowed.
Example:
100999
Process Date / Required / The date for which the TIP Income Distribution & Assessment is calculated (normally the last day of the month).
Example:
03/31/2005
Company Code / Required / Organizational unit within Financial Accounting
Example:
UC
FiscaI Year / Required / State of Ohio mandated fiscal year (accounting period) running from July 1st of one year to June 30th of the following year
Example:
2005
3. / Perform one of the following:
If You Want To Run / Then
The Income Distribution process / Select to the right of Income Distribution.
The Overdraft Assessment process / Select to the right of Overdraft Assessment.
4. / As required, complete/review the following fields:
Field / R/O/C / Description
Document Posting Date / Required / The date that will be used to post the accounting entries for the distribution (normally the first day of the following month).
Example:
04/01/2005
Undistributed lncome CIr. Act. / Required / SAP GL Account representing the Undistributed Income Clearing Account to which TIP income distributable is posted for the month.
Example:
225901
GeneraI Fund / Required / General Funds number which will be used to make the under/over distribution adjustment.
Example:
A100001
TIP Fund / Required / The fund which represents the TIP Pool.
Example:
A100003
Value date for Cash Posting / Required / Date at which cash value is recognized. This data is used in bank accounts and bank sub-accounts reconciliation. Also used at fund level to properly measure fund cash for the purposes of TIP income distribution and overdraft interest assessment.
Example:
04/01/2005
Document Posting Date / Required / The date that will be used to post the accounting entries for the distribution (normally the first day of the following month).
Example:
04/01/2005
Value date for Cash Posting / Required / Date at which cash value is recognized. This data is used in bank accounts and bank sub-accounts reconciliation. Also used at fund level to properly measure fund cash for the purposes of TIP income distribution and overdraft interest assessment.
Example:
04/01/2005
5. / Select to the right of Test Mode.
6. / Click .
7. / Perform one of the following:
If You Ran / Go To
The Income Distribution process / Step 8
The Overdraft Assessment process / Step 30
SAP
8. / Review the displayed information.
9. / Click .
TIP Income Distribution/Overdraft Assessment
10. / Review and correct the displayed information.
11. / Click to the left of the line you want to select.
12. / Click .
TIP Income Distribution/Overdraft Assessment (2)
13. / Click to the left of the line you want to select.
14. / Click .
Information
15. / Click .
TIP Income Distribution/Overdraft Assessment (3)
16. / Review the displayed information.
17. / Click .
Information (2)
18. / Click .
SAP (Success tab)
19. / Review the displayed information.
20. / Click the tab.
SAP (Errors tab)
21. / Click .
/ If you have any errors, you will need to correct the errors prior to running the program in update mode. Most errors will be corrected by maintaining the account assignment table.
TIP Income Distribution (2)
22. / Select to the right of DB Update.
23. / Click .
SAP (2)
24. / Review the displayed information.
25. / Click .
TIP Income Distribution/Overdraft Assessment (4)
26. / Review the displayed information.
27. / Click .
TIP Income Distribution (3)
28. / Review the displayed information.
29. / Go to Step 47.
SAP (3)
30. / Review the displayed information.
31. / Click .
TIP Income Distribution/Overdraft Assessment (5)
32. / Review and correct the displayed information.
33. / Click .
TIP Income Distribution/Overdraft Assessment (6)
34. / As required, complete/review the following fields:
Field / R/O/C / Description
Cost Center / Required / Cost Center - Organizational unit for capturing costs
Example:
7320000000
35. / Click .
TIP Income Distribution/Overdraft Assessment (7)
36. / Click .
SAP (Success tab) (2)
37. / Review the displayed information.
38. / Click the tab.
SAP (Errors tab) (2)
39. / Click .
/ If you have any errors, you will need to correct the errors prior to running the program in update mode. Most errors will be corrected by maintaining the account assignment table.
TIP Income Distribution (4)
40. / Select to the right of DB Update.
41. / Click .
SAP (4)
42. / Review the displayed information.
43. / Click .
TIP Income Distribution (5)
44. / Review the displayed information.
45. / Click .
TIP Income Distribution (6)
46. / Review the displayed information.
47. / Click until you return to the SAP Easy Access screen.
48. / You have completed this transaction.
8/29/2017
Ver: / 21_EM_ZENDW_05_RunTIPIncomeAssessementDist_0_Endow_06.udc
© University of Cincinnati / 1/25
Work Instruction
Functional Area: Endowments Management / Run TIP Income Assessment/Distribution
Result
You have run the monthly Interest Assessment/Distribution process.
Comments
None
8/29/2017
Ver: / 21_EM_ZENDW_05_RunTIPIncomeAssessementDist_0_Endow_06.udc
© University of Cincinnati / 1/25