What is contract plan in SAP RE-RER - Real Estate Residential Solution?

SAP Term: contract plan

• Component: RE-RER

• Component Name: Real Estate Residential Solution

• Description: A plan to estimate the cost involved in the project.

Smart SAP Assistant

• Key Concepts: 
  Contract plan is a feature of the RE-RER Real Estate Residential Solution component of SAP. It is used to manage rental contracts and associated payments for residential properties. It allows users to create and manage rental contracts, track payments, and generate reports. 
  
  How to use it: 
  Contract plan can be used to create and manage rental contracts for residential properties. It allows users to enter details such as the tenant's name, address, and payment information. The contract plan also allows users to track payments and generate reports on rental contracts. 
  
  Tips & Tricks: 
  When creating a contract plan, it is important to ensure that all the necessary information is entered correctly. This includes the tenant's name, address, and payment information. Additionally, it is important to keep track of payments and generate reports regularly to ensure that all rental contracts are up-to-date. 
  
  Related Information: 
  For more information on the RE-RER Real Estate Residential Solution component of SAP, please visit the SAP website at https://www.sap.com/products/real-estate-residential-solution.html. Additionally, there are many online resources available that provide tutorials and tips on how to use the Contract Plan feature of SAP.