What is 'calculation object' in SAP RE-FX - Flexible Real Estate Management?

calculation object - Overview

• Component: RE-FX

• Component Name: Flexible Real Estate Management

• Description: A usage object assigned to a real estate contract, or the real estate contract itself. The calculation object is assigned to a condition, and together with the unit price, it forms the basis for calculating the condition amount.

calculation object - Details

• 
  Key Concepts: 
  Calculation objects are used in the RE-FX Flexible Real Estate Management component of SAP to define the calculation logic for a particular real estate object. This includes the calculation of rent, taxes, and other fees associated with the object. The calculation object also defines the parameters that are used to calculate these values. 
  
  How to use it: 
  Calculation objects are created in the RE-FX Flexible Real Estate Management component of SAP. They can be used to define the calculation logic for a particular real estate object, such as a building or a piece of land. The calculation object defines the parameters that are used to calculate rent, taxes, and other fees associated with the object. 
  
  Tips & Tricks: 
  When creating a calculation object, it is important to ensure that all of the necessary parameters are included in order for the calculations to be accurate. Additionally, it is important to ensure that all of the parameters are correctly configured so that they can be used in the calculations. 
  
  Related Information: 
  The RE-FX Flexible Real Estate Management component of SAP also includes other features such as lease management and asset management. These features can be used in conjunction with calculation objects to manage real estate assets more effectively.