What is base rent calculation in SAP RE-FX - Flexible Real Estate Management?

SAP Term: base rent calculation

• Component: RE-FX

• Component Name: Flexible Real Estate Management

• Description: Calculation of base rent using a representative list of rents When the system calculates comparative rent using a representative list of rents, a basic amount is determined based on building age, size and location, but without surcharges and reductions.

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• Key Concepts: 
  Base rent calculation is a feature of the RE-FX Flexible Real Estate Management component of SAP. It allows users to calculate the base rent for a real estate contract based on the contract’s terms and conditions. This calculation is used to determine the amount of rent that must be paid for a given period of time. 
  
  How to use it: 
  To use the base rent calculation feature, users must first enter the contract details into the system. This includes information such as the contract start date, end date, and any applicable discounts or surcharges. Once this information is entered, users can then use the base rent calculation feature to determine the amount of rent that must be paid for a given period of time. 
  
  Tips & Tricks: 
  When using the base rent calculation feature, it is important to ensure that all contract details are entered accurately. This will ensure that the calculation is accurate and that the correct amount of rent is paid. Additionally, users should also be aware of any applicable discounts or surcharges that may affect the calculation. 
  
  Related Information: 
  For more information on using the base rent calculation feature in SAP RE-FX Flexible Real Estate Management, please refer to SAP’s official documentation. Additionally, there are many online resources available that provide detailed tutorials and tips on using this feature.