What is 'all-inclusive rent' in SAP RE - Real Estate Management?

all-inclusive rent - Overview

• Component: RE

• Component Name: Real Estate Management

• Description: A type of basic rent that includes the service charges.

all-inclusive rent - Details

• 
  Key Concepts: 
  All-inclusive rent is a type of rental agreement in SAP Real Estate Management (RE-FX) that includes all costs associated with the rental of a property. This includes the base rent, as well as any additional costs such as utilities, taxes, insurance, and maintenance fees. All-inclusive rent is typically used for residential properties, but can also be used for commercial properties.
  
  How to use it: 
  In SAP RE-FX, all-inclusive rent is set up by creating a rental agreement with the “all-inclusive” option selected. This will allow the user to enter all of the costs associated with the rental agreement into one field. The user can then enter the total amount of the all-inclusive rent into the rental agreement.
  
  Tips & Tricks: 
  When setting up an all-inclusive rent in SAP RE-FX, it is important to make sure that all of the costs associated with the rental agreement are included in the total amount entered into the rental agreement. This will ensure that all costs are accounted for and that no additional fees are charged to the tenant.
  
  Related Information: 
  For more information on setting up an all-inclusive rent in SAP RE-FX, please refer to SAP Help documentation or contact your local SAP representative.