1. SAP Glossary
  2. Real Estate Management
  3. credit-side settlement unit


What is credit-side settlement unit in SAP RE - Real Estate Management?


SAP Term: credit-side settlement unit

  • Component: RE

  • Component Name: Real Estate Management

  • Description: A settlement unit that is used for credit postings in the external heating expenses settlement.


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  • Key Concepts: 
    A credit-side settlement unit is a component of SAP Real Estate Management (RE) that allows for the settlement of credit-side transactions. It is used to manage the financial aspects of a real estate transaction, such as the payment of rent, taxes, and other fees. The credit-side settlement unit also allows for the tracking of payments and the reconciliation of accounts. 
    
    How to use it: 
    The credit-side settlement unit can be used to manage the financial aspects of a real estate transaction. It can be used to track payments, reconcile accounts, and manage the payment of rent, taxes, and other fees. The credit-side settlement unit can also be used to generate reports on the financial status of a real estate transaction. 
    
    Tips & Tricks: 
    When using the credit-side settlement unit, it is important to ensure that all payments are tracked accurately and that all accounts are reconciled properly. It is also important to ensure that all fees and taxes are paid on time. Additionally, it is important to generate reports regularly in order to monitor the financial status of a real estate transaction. 
    
    Related Information: 
    The credit-side settlement unit is part of SAP Real Estate Management (RE). Other components of RE include lease management, asset management, and portfolio management. Additionally, there are other SAP modules that can be used in conjunction with RE, such as Financial Accounting (FI) and Controlling (CO).
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