What is cost object settlement unit in SAP RE-FX - Flexible Real Estate Management?

SAP Term: cost object settlement unit

• Component: RE-FX

• Component Name: Flexible Real Estate Management

• Description: A special settlement unit that can only be created within an existing settlement unit, data exchange settlement unit, or master settlement unit for a specific service charge key. The assignment of a cost object settlement unit to a superordinate settlement unit or master settlement unit enables you to view: A summary of the service charges for the settlement A detailed listing of the service charges for account assignment

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• Key Concepts: 
  Cost object settlement unit is a term used in SAP RE-FX Flexible Real Estate Management. It is a unit of measurement used to track and settle costs associated with real estate objects. This includes costs such as rent, maintenance, and other expenses. The cost object settlement unit is used to ensure that all costs are accurately tracked and accounted for.
  
  How to use it: 
  The cost object settlement unit is used to track and settle costs associated with real estate objects. This includes costs such as rent, maintenance, and other expenses. The cost object settlement unit can be used to create cost plans, which are used to track the costs associated with a particular real estate object over time. The cost plans can then be used to generate reports that provide an overview of the costs associated with the real estate object.
  
  Tips & Tricks: 
  When creating cost plans, it is important to ensure that all costs are accurately tracked and accounted for. This includes ensuring that all costs are entered into the system correctly and that any changes or adjustments are made in a timely manner. Additionally, it is important to review the cost plans regularly to ensure that they are up-to-date and accurate.
  
  Related Information: 
  For more information on cost object settlement units, please refer to the SAP RE-FX Flexible Real Estate Management documentation. Additionally, there are several online resources available that provide additional information on this topic.