What is property group in SAP AP-RC-PPM - SRM-Property Management?

SAP Term: property group

• Component: AP-RC-PPM

• Component Name: SRM-Property Management

• Description: A grouping of related properties.

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• Key Concepts: 
  Property groups are used in SAP SRM Property Management to define the characteristics of a property. A property group is a collection of attributes that are used to describe a property, such as its size, location, and type. Property groups can be used to categorize properties and make them easier to manage. 
  
  How to use it: 
  Property groups can be created in SAP SRM Property Management by selecting the “Create Property Group” option from the menu. Once created, the property group can be assigned to a property by selecting the “Assign Property Group” option from the menu. This will allow the user to assign the appropriate attributes to the property. 
  
  Tips & Tricks: 
  When creating a property group, it is important to consider how it will be used. For example, if a property group is being created for residential properties, it may include attributes such as number of bedrooms and bathrooms. On the other hand, if a property group is being created for commercial properties, it may include attributes such as square footage and number of floors. 
  
  Related Information: 
  For more information on SAP SRM Property Management and how to use property groups, please refer to the SAP Help Portal or contact your local SAP representative.