What is term category in SAP RE-FX - Flexible Real Estate Management?

SAP Term: term category

• Component: RE-FX

• Component Name: Flexible Real Estate Management

• Description: The following term categories are available in the real estate contract: Term length of the contract Notice Renewal Posting Frequency Organizational assignment Adjustment Sales rule Peak sales rule The following term categories are available on the rental object: Posting Organizational assignment Adjustment

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• Key Concepts: 
  Term category is a feature of the RE-FX Flexible Real Estate Management component of SAP. It is used to classify and group terms that are related to each other. This allows for easier management and organization of terms within the system. 
  
  How to use it: 
  To use term category, first create a new category in the system. This can be done by going to the “Term Categories” tab in the RE-FX Flexible Real Estate Management component. Once the category is created, you can add terms to it by selecting them from the list of available terms. 
  
  Tips & Tricks: 
  When creating a new term category, make sure to give it a descriptive name that will help you easily identify it later on. Additionally, try to keep your categories organized by grouping related terms together. This will make it easier to find specific terms when needed. 
  
  Related Information: 
  For more information on term categories in RE-FX Flexible Real Estate Management, please refer to the official SAP documentation.