What is index series in SAP RE - Real Estate Management?

SAP Term: index series

• Component: RE

• Component Name: Real Estate Management

• Description: Price rate increases used as a basis for index-linked rent adjustments. These increases include: Standard of living Consumer price index

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• Key Concepts: 
  Index series in SAP Real Estate Management (RE) are used to store and manage index values for rent and other costs. Index series are used to calculate the rent and other costs for a contract based on the index values stored in the index series. The index values can be updated periodically to reflect changes in the market. 
  
  How to use it: 
  Index series can be created in SAP RE by going to the “Index Series” tab in the “Real Estate Management” menu. Once an index series is created, index values can be added to it. These index values can then be used to calculate the rent and other costs for a contract. 
  
  Tips & Tricks: 
  When creating an index series, it is important to ensure that the correct currency is selected for the index values. This will ensure that the correct currency is used when calculating the rent and other costs for a contract. 
  
  Related Information: 
  For more information on creating and managing index series in SAP RE, please refer to the SAP Help documentation.