What is fixtures and fittings characteristic in SAP RE - Real Estate Management?

SAP Term: fixtures and fittings characteristic

• Component: RE

• Component Name: Real Estate Management

• Description: Description of the fixtures and fittings in a rental object, building, or parcel, for example: No central heating Parquet flooring Intercom These fixtures and fittings characteristics can be taken into account when you adjust conditions based on the representative list of rents. Depending on how the fixtures and fittings characteristics of the rental object or building are weighted, they can influence whether comparative rent is increased or decreased.

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• Key Concepts: 
  Fixtures and fittings characteristic is a feature of the SAP Real Estate Management (RE-FX) component. It is used to classify and manage the various fixtures and fittings that are part of a real estate asset. This includes items such as furniture, appliances, and other items that are part of the asset. 
  
  How to use it: 
  The fixtures and fittings characteristic can be used to track the various items that are part of a real estate asset. This includes items such as furniture, appliances, and other items that are part of the asset. The characteristic can be used to track the cost of each item, as well as its condition and any maintenance that may be required. 
  
  Tips & Tricks: 
  When using the fixtures and fittings characteristic, it is important to ensure that all items are accurately classified and tracked. This will help ensure that all costs associated with the asset are accurately tracked and accounted for. Additionally, it is important to ensure that all maintenance requirements for each item are tracked in order to ensure that the asset remains in good condition. 
  
  Related Information: 
  The fixtures and fittings characteristic is closely related to other features of SAP Real Estate Management such as lease management, asset management, and cost management. These features can be used in conjunction with the fixtures and fittings characteristic to ensure that all aspects of a real estate asset are managed effectively.