What is flat payment in SAP RE - Real Estate Management?

SAP Term: flat payment

• Component: RE

• Component Name: Real Estate Management

• Description: A contractually determined amount expressed as a fixed rate per time unit to cover service charges. Lease-outs with flat rates participate in the service charge settlement, however the share of costs incurred in the lease-out is not passed on to the tenant.

Smart SAP Assistant

• Key Concepts: 
   Flat payment is a type of payment in SAP Real Estate Management (RE-FX) that is used to pay for a single, lump sum amount for a specific period of time. This type of payment is typically used for rent payments, but can also be used for other types of payments such as maintenance fees or service charges. 
  
  How to use it: 
   Flat payments can be set up in SAP RE-FX by creating a payment plan and assigning the flat payment type to it. The payment plan can then be assigned to a contract and the flat payment will be automatically generated when the contract is activated. The flat payment can then be processed through the SAP system and the amount will be debited from the tenant's account. 
  
  Tips & Tricks: 
   When setting up a flat payment in SAP RE-FX, it is important to ensure that the amount being paid is correct and that the payment plan is set up correctly. It is also important to ensure that the payment plan is assigned to the correct contract so that the flat payment will be generated correctly. 
  
  Related Information: 
   Flat payments are just one type of payment that can be used in SAP RE-FX. Other types of payments include periodic payments, variable payments, and installment payments. Each type of payment has its own advantages and disadvantages, so it is important to understand which type of payment best suits your needs before setting up a payment plan in SAP RE-FX.