What is actual principle in SAP RE - Real Estate Management?

SAP Term: actual principle

• Component: RE

• Component Name: Real Estate Management

• Description: The actual principle of the service charge settlement SCS. The SCS does not take into account advance payments that have been posted by the debit position run, but rather those which have actually been made. If the lease-out has an output tax other than zero, the tax can be posted with one of the following: Planned principle: the debit position run Actual payment: the incoming payment

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• Key Concepts: 
  Actual principle is a concept used in SAP Real Estate Management (RE) to determine the value of a property. It is based on the actual market value of the property, which is determined by taking into account factors such as location, condition, and other market conditions. 
  
  How to use it: 
  The actual principle can be used to determine the value of a property when it is being bought or sold. It can also be used to calculate rental fees and other costs associated with the property. The actual principle can also be used to compare different properties and determine which one is more valuable. 
  
  Tips & Tricks: 
  When using the actual principle to determine the value of a property, it is important to consider all factors that could affect its value. This includes factors such as location, condition, and other market conditions. Additionally, it is important to keep up-to-date with market trends in order to ensure that the actual principle is accurate. 
  
  Related Information: 
  The actual principle is closely related to other concepts such as fair market value and replacement cost. Additionally, it is important to understand how taxes and other fees can affect the value of a property when using the actual principle.