What is accrued items in SAP RE - Real Estate Management?

SAP Term: accrued items

• Component: RE

• Component Name: Real Estate Management

• Description: Expenses paid in arrears and revenues received in arrears that are transferred to an income statement in a prior period by using the postings "Other Payables" and "Other Receivables".

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• Key Concepts: 
  Accrued items are expenses that have been incurred but not yet paid for in SAP Real Estate Management (RE). These items are recorded in the system as liabilities and are typically associated with rental payments, maintenance costs, and other related expenses. 
  
  How to use it: 
  Accrued items can be tracked in SAP RE by creating a liability account for each item. This account will track the amount owed and the date when the payment is due. The accrued items can then be monitored and managed through the system. 
  
  Tips & Tricks: 
  It is important to keep track of accrued items in SAP RE to ensure that all expenses are accounted for and paid on time. It is also important to ensure that all accrued items are properly recorded in the system so that they can be tracked and managed effectively. 
  
  Related Information: 
  For more information on how to manage accrued items in SAP RE, please refer to the SAP Help Portal or contact your local SAP representative.