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  1. SAP Glossary
  2. Flexible Real Estate Management
  3. type of settlement unit


What is type of settlement unit in SAP RE-FX - Flexible Real Estate Management?


SAP Term: type of settlement unit

  • Component: RE-FX

  • Component Name: Flexible Real Estate Management

  • Description: A classification within service charge settlement. There are three settlement unit types: Settlement unit Cost object settlement unit Data exchange settlement unit


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  • Key Concepts: 
    A type of settlement unit is a way of grouping and categorizing real estate objects in SAP RE-FX Flexible Real Estate Management. It is used to define the characteristics of a real estate object, such as its size, location, and purpose. This allows for more efficient management of real estate assets. 
    
    How to use it: 
    In SAP RE-FX Flexible Real Estate Management, a type of settlement unit is created by assigning a unique identifier to each real estate object. This identifier is then used to group and categorize the objects according to their characteristics. This allows for more efficient management of real estate assets. 
    
    Tips & Tricks: 
    When creating a type of settlement unit in SAP RE-FX Flexible Real Estate Management, it is important to ensure that the unique identifier assigned to each real estate object is accurate and up-to-date. This will ensure that the objects are grouped and categorized correctly. 
    
    Related Information: 
    For more information on types of settlement units in SAP RE-FX Flexible Real Estate Management, please refer to the official SAP documentation.
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