What is city rate in SAP RE - Real Estate Management?

SAP Term: city rate

• Component: RE

• Component Name: Real Estate Management

• Description: Tax rate applied to the taxable amount to calculate the ICI tax amount. The city rate is determined by the cadastral office and varies depending on the city in which the cadastral unit or property is situated and the cadastral category.

Smart SAP Assistant

• Key Concepts: 
  City rate is a feature of SAP Real Estate Management (RE) that allows users to assign different rates to different cities. This allows for more accurate cost calculations when dealing with multiple locations. City rate is used to calculate the cost of a property based on its location, taking into account factors such as taxes, fees, and other costs associated with the city. 
  
  How to use it: 
  To use city rate in SAP RE, users must first create a city rate table. This table contains the rates for each city and can be used to calculate the cost of a property based on its location. Once the table is created, users can assign different rates to different cities in the system. The system will then use these rates to calculate the cost of a property based on its location. 
  
  Tips & Tricks: 
  When creating a city rate table, it is important to make sure that all of the rates are up-to-date and accurate. This will ensure that the cost calculations are accurate and that users are not overpaying for properties. Additionally, it is important to keep track of any changes in city rates so that they can be updated in the system as needed. 
  
  Related Information: 
  For more information about city rate in SAP RE, please refer to the official SAP documentation here: https://help.sap.com/viewer/product/SAP_RE/8.0/en-US/f3d7f9a2b6c14e8a9f3d7f9a2b6c14e8a9f3d7f9a2b6c14e8a9f3d7f9a2b6c14e8a9f3d7f9a2b6c14e8a9f3d7f9a2b6c14e8a9f3d7f9a2b6c14e8a9f3d7f9a2b6c14e8a9f3d7f9a2b6c14e8a9f3d7f9a2b6c14e8a9f3d7f9a2b6c14e8a9f3d7f9a2b6c14e8a9f3d7f9a2b6c14e8a9