What is mandate company code in SAP RE-FX - Flexible Real Estate Management?

SAP Term: mandate company code

• Component: RE-FX

• Component Name: Flexible Real Estate Management

• Description: Third-party management The company code in which a manager records and works with data of real estate objects based on the authorization mandate of a third party . There are two types of mandate: Object mandate Condominium owners' association mandate COA mandate The data of each owner and condominium owners' association is managed in a separate company code.

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• Key Concepts: 
  A mandate company code is a company code in SAP RE-FX Flexible Real Estate Management that is used to manage the financial aspects of a real estate contract. It is used to record all financial transactions related to the contract, such as rent payments, deposits, and other fees. The mandate company code is linked to the real estate contract and is used to track all financial transactions related to it. 
  
  How to use it: 
  The mandate company code is set up in SAP RE-FX Flexible Real Estate Management when a real estate contract is created. All financial transactions related to the contract are then recorded in the mandate company code. This includes rent payments, deposits, and other fees. The mandate company code can also be used to generate reports on the financial performance of the contract. 
  
  Tips & Tricks: 
  It is important to ensure that all financial transactions related to a real estate contract are recorded in the mandate company code. This will help ensure that all financial information related to the contract is up-to-date and accurate. Additionally, it is important to regularly review the reports generated from the mandate company code in order to ensure that all financial information related to the contract is accurate and up-to-date. 
  
  Related Information: 
  For more information on SAP RE-FX Flexible Real Estate Management, please visit https://www.sap.com/products/real-estate-management.html. Additionally, for more information on setting up and using a mandate company code in SAP RE-FX Flexible Real Estate Management, please refer to the official SAP documentation at https://help.sap.com/viewer/product/SAP_REFX_Flexible_Real_Estate_Management/latest/en-US/.