What is COA mandate in SAP RE-FX - Flexible Real Estate Management?

SAP Term: COA mandate

• Component: RE-FX

• Component Name: Flexible Real Estate Management

• Description: Third-party management A type of mandate that reflects the management contract that a manager has with a condominium owners' association.

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• Key Concepts: 
  COA mandate is a feature of the RE-FX Flexible Real Estate Management component of SAP. It allows users to define and manage the organizational structure of their real estate portfolio. This includes defining the organizational hierarchy, assigning roles and responsibilities, and setting up cost centers. 
  
  How to use it: 
  To use the COA mandate feature, users must first define the organizational structure of their real estate portfolio. This includes setting up cost centers, assigning roles and responsibilities, and defining the organizational hierarchy. Once this is done, users can then manage their real estate portfolio using the COA mandate feature. 
  
  Tips & Tricks: 
  When setting up cost centers, it is important to ensure that they are properly linked to the organizational hierarchy. This will ensure that all costs associated with a particular cost center are properly accounted for. Additionally, it is important to assign roles and responsibilities to each cost center in order to ensure that all tasks are completed in a timely manner. 
  
  Related Information: 
  The COA mandate feature is part of the RE-FX Flexible Real Estate Management component of SAP. Other features of this component include lease management, asset management, and financial management. Additionally, there are several other components of SAP that can be used in conjunction with RE-FX Flexible Real Estate Management to further enhance its capabilities.