What is certified sales in SAP RE-FX - Flexible Real Estate Management?

SAP Term: certified sales

• Component: RE-FX

• Component Name: Flexible Real Estate Management

• Description: Sales-based rent settlement Sales certified by an auditor, or the actual sales revenue as reported in the year-end closing as opposed to planned sales. Certified sales are usually reported annually.

Smart SAP Assistant

• Key Concepts: 
  Certified sales is a feature of the RE-FX Flexible Real Estate Management component of SAP. It allows users to certify the sales of real estate properties, such as apartments, houses, and commercial buildings. This certification process ensures that all relevant information is accurately recorded and that the sale is legally binding. 
  
  How to use it: 
  To use certified sales, users must first enter the relevant information about the property into the system. This includes details such as the address, size, and price of the property. Once this information is entered, users can then certify the sale by entering their signature into the system. This signature will be legally binding and will be used to verify that all relevant information has been accurately recorded. 
  
  Tips & Tricks: 
  When using certified sales, it is important to ensure that all relevant information is accurately entered into the system. This includes details such as the address, size, and price of the property. Additionally, it is important to double-check that all signatures are correctly entered into the system before certifying the sale. 
  
  Related Information: 
  The RE-FX Flexible Real Estate Management component of SAP also includes features such as lease management, contract management, and asset management. These features can be used in conjunction with certified sales to ensure that all aspects of real estate transactions are properly managed and recorded.