Black Friday is ending this Friday! 40% off with coupon CYBER40 - Sign up here

Close
  1. SAP Glossary
  2. Capital Yield Tax
  3. value date in the past with fiscal year change


What is 'value date in the past with fiscal year change' in SAP CYT - Capital Yield Tax?


value date in the past with fiscal year change - Overview

  • Component: CYT

  • Component Name: Capital Yield Tax

  • Description: Value date in the past for which there is a fiscal year change between the value date and the posting date.


value date in the past with fiscal year change - Details


  • Key Concepts: Value date in the past with fiscal year change is a term used in SAP's CYT Capital Yield Tax component. This term refers to the date on which a transaction is recorded in the system, but the fiscal year has changed since that date. This means that the transaction will be recorded in the new fiscal year, even though it was initiated in the previous one.
    How to use it: In order to use this term, you must first understand how SAP's CYT Capital Yield Tax component works. This component is used to calculate taxes on capital gains and losses, and it requires that transactions be recorded with a value date in the past with fiscal year change. To do this, you must enter the transaction details into the system and select the appropriate value date. The system will then automatically adjust the transaction to reflect the new fiscal year.
    Tips & Tricks: When entering transactions into SAP's CYT Capital Yield Tax component, it is important to ensure that you select the correct value date. This will ensure that the transaction is recorded correctly and that taxes are calculated accurately. Additionally, it is important to remember that transactions with a value date in the past with fiscal year change will be recorded in the new fiscal year, even though they were initiated in

    Already have an account? Login here!





value date in the past with fiscal year change - Related SAP Terms

Rating
ERPlingo simplifies finding the accurate answers to SAP message errors. I now use every week. A must have tool for anyone working with SAP! Highly recommended!
Rate 1
Kent Bettisworth
Executive SAP Consultant