What is condition currency in SAP RE - Real Estate Management?

SAP Term: condition currency

• Component: RE

• Component Name: Real Estate Management

• Description: An agreed condition for contracts, rental objects or contract offers in a currency other than the local currency of the company code.

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• Key Concepts: 
  Condition currency is a feature in SAP Real Estate Management (RE) that allows users to define a currency for each condition type. This currency is used to determine the value of the condition when it is applied to a contract. The condition currency can be different from the contract currency, allowing users to set different prices for different conditions. 
  
  How to use it: 
  To use condition currency in SAP RE, users must first define a condition type and assign a currency to it. This can be done in the Condition Types tab of the Contract Master Data screen. Once the condition type has been created, users can then assign it to a contract and enter the value of the condition in the assigned currency. 
  
  Tips & Tricks: 
  When setting up condition types, it is important to ensure that the correct currency is assigned to each one. This will ensure that the correct value is calculated when the condition is applied to a contract. Additionally, users should be aware that if they change the currency of an existing condition type, any existing contracts with that condition will need to be updated with the new currency. 
  
  Related Information: 
  For more information on using condition currency in SAP RE, please refer to SAP Help documentation at https://help.sap.com/viewer/product/SAP_RE/latest/en-US/f8d7f9a3e2b14c8a9f3d7c2b6d5f9e4a.html