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

SAP Term: deduction

• Component: RE-RER

• Component Name: Real Estate Residential Solution

• Description: An amount that is deducted from the payment request.

Smart SAP Assistant

• Key Concepts: 
  Deduction is a feature of the RE-RER Real Estate Residential Solution that allows users to deduct a certain amount from the total rent due. This deduction can be used to cover expenses such as repairs, maintenance, or other costs associated with the rental property. The deduction amount is determined by the user and can be adjusted as needed.
  
  How to use it: 
  To use the deduction feature, users must first enter the total rent due for the rental property. Then, they can enter the amount they wish to deduct from the total rent due. Once the deduction amount is entered, it will be automatically subtracted from the total rent due and the remaining balance will be displayed. 
  
  Tips & Tricks: 
  When using the deduction feature, it is important to keep track of all deductions made so that they can be accounted for in future payments. Additionally, users should make sure that any deductions taken are reasonable and necessary for the rental property. 
  
  Related Information: 
  The deduction feature is just one of many features available in the RE-RER Real Estate Residential Solution. Other features include payment tracking, tenant management, and reporting tools. For more information about these features and how to use them, please refer to the RE-RER Real Estate Residential Solution user guide.