1. SAP Glossary
  2. Real Estate Management
  3. external heating expenses settlement


What is external heating expenses settlement in SAP RE - Real Estate Management?


SAP Term: external heating expenses settlement

  • Component: RE

  • Component Name: Real Estate Management

  • Description: The payment of heating expenses through an external settlement company. Settlement is made using a DME program in several stages, using various electronic forms data medium exchange tapes.


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  • Key Concepts: 
    External heating expenses settlement is a feature of SAP Real Estate Management (RE-FX) that allows for the settlement of external heating expenses. This feature enables the user to manage and settle external heating expenses for tenants, such as those related to district heating or other external heating sources. The user can also manage and settle the costs of external heating services, such as maintenance and repair services. 
    
    How to use it: 
    To use the external heating expenses settlement feature, the user must first create a settlement plan. This plan will define the parameters for how the external heating expenses will be settled. The user can then enter the external heating expenses into the system and assign them to the appropriate tenants. The system will then calculate the total amount due for each tenant and generate a settlement document. 
    
    Tips & Tricks: 
    When creating a settlement plan, it is important to consider all of the factors that may affect the cost of external heating services, such as weather conditions, energy prices, and other factors. Additionally, it is important to ensure that all of the necessary information is entered into the system accurately in order to ensure accurate settlements. 
    
    Related Information: 
    For more information on SAP Real Estate Management (RE-FX) and its features, please visit https://help.sap.com/viewer/product/SAP_REFX/latest/en-US.
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