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

SAP Term: calculation rule

• Component: RE-FX

• Component Name: Flexible Real Estate Management

• Description: Contract management Part of the sales rule in a sales-based rent agreement. Example of a calculation rule: sales-based rent = 5% of net sales

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• Key Concepts: 
  Calculation rules in SAP RE-FX Flexible Real Estate Management are used to define the calculation logic for various real estate objects. This includes the calculation of rent, taxes, and other fees associated with a real estate object. The calculation rules are based on the parameters set in the system and can be customized to meet specific requirements. 
  
  How to use it: 
  Calculation rules can be created and maintained in the system by using the Calculation Rules Maintenance (CRM) transaction. The CRM transaction allows users to define the parameters for each calculation rule, such as the type of calculation, the applicable tax rate, and any other relevant information. Once a calculation rule is created, it can be applied to any real estate object in the system. 
  
  Tips & Tricks: 
  When creating a calculation rule, it is important to ensure that all of the parameters are correctly set. This will ensure that the calculations are accurate and that any taxes or fees associated with a real estate object are correctly calculated. Additionally, it is important to review existing calculation rules regularly to ensure that they are up-to-date and still applicable. 
  
  Related Information: 
  For more information on SAP RE-FX Flexible Real Estate Management and its calculation rules, please refer to the official SAP documentation. Additionally, there are many online resources available that provide detailed tutorials and best practices for using SAP RE-FX Flexible Real Estate Management.