What is deferred items in SAP RE - Real Estate Management?

SAP Term: deferred items

• Component: RE

• Component Name: Real Estate Management

• Description: Expenses paid in advance and revenues received in advance that are transferred to an income statement in a subsequent period by using deferred expense and deferred income items.

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• Key Concepts: 
  Deferred items in SAP Real Estate Management (RE) are items that are not yet due for payment, but will be due in the future. These items can include rent, taxes, insurance, and other expenses associated with a property. Deferred items are recorded in the system and tracked until they become due. 
  
  How to use it: 
  Deferred items can be added to a property in RE by entering the details of the item into the system. This includes the amount, due date, and any other relevant information. Once the item is added, it will be tracked until it becomes due. 
  
  Tips & Tricks: 
  When adding deferred items to a property in RE, it is important to ensure that all of the details are accurate. This will help ensure that payments are made on time and that no payments are missed. Additionally, it is important to review deferred items regularly to ensure that all payments are up-to-date. 
  
  Related Information: 
  In addition to deferred items, SAP Real Estate Management also allows users to track other expenses associated with a property such as maintenance costs and utility bills. Additionally, users can generate reports on deferred items to get an overview of all outstanding payments.