What is 'account determination value' in SAP RE-FX - Flexible Real Estate Management?

account determination value - Overview

• Component: RE-FX

• Component Name: Flexible Real Estate Management

• Description: An attribute of a contract lease-out, management contract, or general contract and a rental unit that controls the account determination during automatic postings.

account determination value - Details

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  Key Concepts: 
  Account determination value is a feature of SAP RE-FX Flexible Real Estate Management that allows users to assign a specific account to a particular transaction. This account is then used to track the financial impact of the transaction. The account determination value is set up in the system and can be changed as needed. 
  
  How to use it: 
  To use the account determination value, users must first set up the account in the system. This can be done by navigating to the “Accounts” tab in the RE-FX Flexible Real Estate Management system and selecting “Create Account”. Once the account is created, users can assign it to a particular transaction by entering the account number in the “Account Determination Value” field. 
  
  Tips & Tricks: 
  When setting up an account determination value, it is important to ensure that the account number is correct and that it matches the transaction type. This will ensure that the financial impact of the transaction is accurately tracked. Additionally, it is important to keep track of any changes made to the account determination value as this could affect future transactions. 
  
  Related Information: 
  For more information on setting up an account determination value in SAP RE-FX Flexible Real Estate Management, please refer to SAP’s documentation on Account Determination Value Setup. Additionally, for more tips and tricks on using SAP RE-FX Flexible