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

SAP Term: cost rent

• Component: RE

• Component Name: Real Estate Management

• Description: Rent required to cover the current expenses of real estate.

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• Key Concepts: 
  Cost rent is a term used in SAP Real Estate Management (RE) to refer to the cost of renting a property. It is calculated based on the rental rate, the duration of the rental period, and any additional costs associated with the rental. The cost rent is then used to determine the total cost of renting a property. 
  
  How to use it: 
  In SAP RE, cost rent is used to calculate the total cost of renting a property. To do this, you must first enter the rental rate, duration of the rental period, and any additional costs associated with the rental. Once these values are entered, SAP RE will calculate the cost rent and display it on the screen. 
  
  Tips & Tricks: 
  When calculating cost rent in SAP RE, it is important to ensure that all relevant information is entered accurately. This includes the rental rate, duration of the rental period, and any additional costs associated with the rental. Additionally, it is important to remember that cost rent does not include taxes or other fees that may be associated with renting a property. 
  
  Related Information: 
  For more information about cost rent in SAP RE, please refer to the official SAP documentation at https://help.sap.com/viewer/product/REAL_ESTATE_MANAGEMENT/100/en-US.