What is condition group in SAP RE-FX - Flexible Real Estate Management?

SAP Term: condition group

• Component: RE-FX

• Component Name: Flexible Real Estate Management

• Description: A grouping of condition types for assignment to a given contract type. &EXAMPLE& Contract type: Commercial rental Condition group: Basic rent, advance payment of operating costs, advance payment of sales-based rent

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• Key Concepts: 
  Condition groups are used in the RE-FX Flexible Real Estate Management component of SAP to define the conditions that apply to a particular contract. This includes the terms of payment, discounts, and other conditions that are associated with a contract. The condition group is used to store all of these conditions in one place, making it easier to manage and track them. 
  
  How to use it: 
  To use condition groups in SAP, you must first create a condition group. This can be done by going to the RE-FX Flexible Real Estate Management component and selecting the “Create Condition Group” option. From there, you can enter the details of the condition group, such as the name, description, and any applicable conditions. Once you have saved the condition group, it can be used in contracts and other documents. 
  
  Tips & Tricks: 
  When creating a condition group in SAP, it is important to make sure that all of the conditions are accurate and up-to-date. This will ensure that all contracts and documents associated with the condition group are accurate and up-to-date as well. Additionally, it is important to keep track of any changes made to the condition group so that they can be easily accessed if needed. 
  
  Related Information: 
  For more information on condition groups in SAP, please refer to the official SAP documentation on RE-FX Flexible Real Estate Management. Additionally, there are many online resources available that provide tutorials and tips on how to use condition groups in SAP.