What is notice of assessment in SAP RE-FX - Flexible Real Estate Management?

SAP Term: notice of assessment

• Component: RE-FX

• Component Name: Flexible Real Estate Management

• Description: A notice issued by the tax office and used for the assessment of property tax.

Smart SAP Assistant

• Key Concepts: 
  A Notice of Assessment is a document issued by the tax authorities in SAP RE-FX Flexible Real Estate Management. It is used to inform the taxpayer of the amount of taxes due and the payment due date. It also contains information about any deductions or credits that have been applied to the taxpayer's account. 
  
  How to use it: 
  The Notice of Assessment is generated by the tax authorities in SAP RE-FX Flexible Real Estate Management. It is sent to the taxpayer via mail or email, depending on the preferences set by the taxpayer. The taxpayer can then review the document and make any necessary payments before the due date. 
  
  Tips & Tricks: 
  It is important to review the Notice of Assessment carefully and make sure all information is accurate. If there are any discrepancies, it is important to contact the tax authorities as soon as possible to resolve them. Additionally, taxpayers should keep a copy of their Notice of Assessment for their records. 
  
  Related Information: 
  For more information about SAP RE-FX Flexible Real Estate Management, please visit https://www.sap.com/products/real-estate-management.html. Additionally, taxpayers can find more information about filing taxes and understanding their Notice of Assessment at https://www.irs.gov/help/ita/understanding-your-notice-of-assessment.