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

SAP Term: remainder object

• Component: RE-FX

• Component Name: Flexible Real Estate Management

• Description: Service charge settlement Object, such as a cost center, to which the remainder of service charge settlement can be assigned if there is an amount left over after distribution from the master settlement unit using percentages or equivalence numbers.

Smart SAP Assistant

• Key Concepts: 
  A remainder object is a feature of SAP RE-FX Flexible Real Estate Management that allows users to manage the remaining balance of a contract after a partial payment has been made. The remainder object stores the remaining balance and can be used to track payments and generate reports. 
  
  How to use it: 
  To use the remainder object, users must first create a contract in SAP RE-FX. Once the contract is created, users can enter the amount of the partial payment and the remainder object will store the remaining balance. The remainder object can then be used to track payments and generate reports. 
  
  Tips & Tricks: 
  When creating a contract in SAP RE-FX, it is important to enter the correct amount of the partial payment so that the remainder object stores the correct remaining balance. Additionally, users should regularly check the reports generated by the remainder object to ensure that payments are being tracked correctly. 
  
  Related Information: 
  For more information on using remainder objects in SAP RE-FX, please refer to SAP's official documentation on Flexible Real Estate Management.