What is distribution object in SAP RE-FX - Flexible Real Estate Management?

SAP Term: distribution object

• Component: RE-FX

• Component Name: Flexible Real Estate Management

• Description: A usage object that is assigned to a real estate contract. Costs and revenues are posted initially to the real estate contract. If you want to post these costs and revenues in Controlling CO to one or more usage objects such as, rental objects, then you can enter a distribution formula in the contract. The usage objects that are assigned to this distribution formula are the distribution objects, to which costs and revenues are distributed.

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• Key Concepts: 
  A distribution object is a feature of the RE-FX Flexible Real Estate Management component of SAP. It is used to define the distribution of costs and revenues associated with a real estate object. This includes the cost of rent, taxes, insurance, and other expenses associated with the property. It also includes any income generated from the property, such as rent or other fees. 
  
  How to use it: 
  The distribution object is used to define how costs and revenues are distributed among different accounts. This allows for more accurate tracking of expenses and income associated with a real estate object. The distribution object can be used to define the percentage of costs and revenues that are allocated to each account. 
  
  Tips & Tricks: 
  When setting up a distribution object, it is important to ensure that all costs and revenues are accurately accounted for. This will help ensure that all expenses and income associated with a real estate object are properly tracked. Additionally, it is important to review the distribution object periodically to ensure that it is still accurate and up-to-date. 
  
  Related Information: 
  For more information on the RE-FX Flexible Real Estate Management component of SAP, please refer to the official SAP documentation. Additionally, there are many online resources available that provide tutorials and tips on how to use this component effectively.