What is custom adjustment type in SAP RE - Real Estate Management?

SAP Term: custom adjustment type

• Component: RE

• Component Name: Real Estate Management

• Description: A method of adjustment that enables you to make a user-defined adjustment of the conditions of selected lease-outs or rental units. The conditions may be: Absolute or relative for each area unit Absolute for each rental unit and independent of the area A free adjustment type also enables you to specify a new amount that is absolute for each area unit.

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• Key Concepts: 
  Custom adjustment type is a feature in SAP Real Estate Management (RE) that allows users to create custom adjustment types for rent and other charges. This feature enables users to define the characteristics of the adjustment type, such as the calculation method, the amount, and the frequency of the adjustment. 
  
  How to use it: 
  To create a custom adjustment type, users must first access the RE Customizing menu and select “Adjustment Types”. From there, they can select “Create” to create a new adjustment type. Users can then enter the details of the adjustment type, such as the calculation method, amount, and frequency. Once all of the details have been entered, users can save the adjustment type and it will be available for use in RE. 
  
  Tips & Tricks: 
  When creating a custom adjustment type, it is important to ensure that all of the details are correct before saving it. This will help to ensure that the adjustment type is applied correctly when used in RE. Additionally, users should be aware that any changes made to an existing adjustment type will affect all existing contracts that use that adjustment type. 
  
  Related Information: 
  For more information on custom adjustment types in SAP Real Estate Management, please refer to SAP Help documentation or contact your local SAP support team.