What is location structure in SAP RE-FX - Flexible Real Estate Management?

SAP Term: location structure

• Component: RE-FX

• Component Name: Flexible Real Estate Management

• Description: A hierarchical structure in Land Use Management that makes it possible to identify and assign parcels of land. In the SAP System, the location structure is comprised of the following hierarchies: APR hierarchy automated properties register Administrative hierarchy

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• Key Concepts: 
  Location structure in SAP RE-FX Flexible Real Estate Management is a hierarchical structure that allows users to organize and manage their real estate portfolio. It is used to define the different levels of a real estate portfolio, such as countries, regions, cities, and buildings. The location structure also allows users to assign different properties to each level of the hierarchy. 
  
  How to use it: 
  The location structure in SAP RE-FX Flexible Real Estate Management can be used to create a hierarchical view of a real estate portfolio. This view can be used to assign properties to each level of the hierarchy and to track the performance of each property. Additionally, users can use the location structure to analyze the performance of their portfolio across different levels of the hierarchy. 
  
  Tips & Tricks: 
  When creating a location structure in SAP RE-FX Flexible Real Estate Management, it is important to ensure that all levels of the hierarchy are properly defined. Additionally, it is important to ensure that all properties are assigned to the correct level of the hierarchy. This will help ensure that users can accurately track and analyze their portfolio performance. 
  
  Related Information: 
  For more information on using the location structure in SAP RE-FX Flexible Real Estate Management, please refer to the official SAP documentation. Additionally, there are many online resources available that provide tutorials and tips on using this feature.