What is cost collector in SAP RE - Real Estate Management?

SAP Term: cost collector

• Component: RE

• Component Name: Real Estate Management

• Description: A CO object generated for a settlement unit per settlement period. It is used to collect the costs incurred on a settlement unit per settlement period or settlement variant.

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• Key Concepts: 
  A cost collector is a type of cost object in SAP Real Estate Management (RE-FX) that is used to collect and manage costs associated with a real estate object. It is used to track costs related to the acquisition, maintenance, and disposal of real estate objects. The cost collector can be used to track costs for both internal and external services. 
  
  How to use it: 
  The cost collector is used to record all costs associated with a real estate object. This includes costs for acquisition, maintenance, and disposal of the object. The cost collector can also be used to track costs for both internal and external services. The cost collector can be used to generate reports on the total costs associated with a real estate object. 
  
  Tips & Tricks: 
  When creating a cost collector, it is important to ensure that all relevant information is included in the cost collector. This includes the type of cost, the amount of the cost, and any other relevant information such as dates or descriptions. Additionally, it is important to ensure that all costs are accurately recorded in the cost collector in order to generate accurate reports. 
  
  Related Information: 
  For more information on SAP Real Estate Management (RE-FX) and how to use the cost collector, please refer to the SAP Help Portal or contact your local SAP representative.