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

SAP Term: reference company code

• Component: RE-FX

• Component Name: Flexible Real Estate Management

• Description: Third-Party Management A template that can be copied when creating a mandate company code. The Customizing settings from the reference company code are transferred to the mandate company code when the mandate company code is created automatically. This makes it possible for the system to copy any changes made later to the reference company code settings to all mandates that reference the given company code. You are not allowed to create any real estate objects in this company code.

Smart SAP Assistant

• Key Concepts: 
  A reference company code is a company code in SAP RE-FX Flexible Real Estate Management that is used to store master data for other company codes. This master data includes information such as the general ledger accounts, cost centers, and other financial information. The reference company code is used to ensure that all company codes have the same master data, making it easier to manage and maintain. 
  
  How to use it: 
  To use a reference company code, you must first create a new company code in SAP RE-FX Flexible Real Estate Management. Once the new company code is created, you can assign it as the reference company code for other company codes. This will ensure that all of the master data for the other company codes is the same as the reference company code. 
  
  Tips & Tricks: 
  When setting up a reference company code, it is important to make sure that all of the master data is correct and up-to-date. This will ensure that all of the other company codes have accurate and consistent information. Additionally, it is important to regularly review and update the master data in the reference company code to ensure that all of the other company codes are using the most up-to-date information. 
  
  Related Information: 
  For more information on setting up and using a reference company code in SAP RE-FX Flexible Real Estate Management, please refer to SAP's official documentation on the topic. Additionally, there are many online resources available that provide step-by-step instructions on how to set up and use a reference company code in SAP RE-FX Flexible Real Estate Management.