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

SAP Term: condition purpose

• Component: RE-FX

• Component Name: Flexible Real Estate Management

• Description: Reason for which a condition type was entered on a rental object or contract. &EXAMPLE& Actual rent Cost rent Vacancy rent Market rent for example, for determining lost rent due to vacancy

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• Key Concepts: 
  Condition purpose is a feature of the RE-FX Flexible Real Estate Management component of SAP. It allows users to define the purpose of a condition, such as a rental or purchase agreement, in order to ensure that the correct conditions are applied to the agreement. This feature helps to ensure that all conditions are properly applied and that the agreement is legally binding.
  
  How to use it: 
  In order to use condition purpose, users must first define the purpose of the condition in the system. This can be done by selecting the appropriate condition type from the list of available condition types. Once the condition type has been selected, users can then enter the details of the condition, such as the start and end date, and any other relevant information. Once all of this information has been entered, users can then save the condition and it will be applied to the agreement.
  
  Tips & Tricks: 
  When defining a condition purpose, it is important to make sure that all of the details are accurate and up-to-date. This will help to ensure that all conditions are properly applied and that the agreement is legally binding. Additionally, it is important to keep track of any changes that are made to a condition so that they can be easily updated in the system.
  
  Related Information: 
  For more information about using condition purpose in RE-FX Flexible Real Estate Management, please refer to SAP's official documentation on this topic. Additionally, there are many online resources available that provide helpful tips and tricks for using this feature in SAP.