What is initiation tape in SAP RE - Real Estate Management?

SAP Term: initiation tape

• Component: RE

• Component Name: Real Estate Management

• Description: Service Charge Settlement SCS A normed electronic form used during external settlement of heating costs, which contains all relevant data for the settlement. The system generates this tape after the settlement period ends. The tape is provided to the external settlement company.

Smart SAP Assistant

• Key Concepts: 
  An initiation tape is a type of data file used in SAP Real Estate Management (RE) to store information about a property. It contains all the necessary information about the property, such as its location, size, and features. The initiation tape is used to create a master record for the property in the system. 
  
  How to use it: 
  The initiation tape is used to create a master record for a property in SAP RE. This master record contains all the necessary information about the property, such as its location, size, and features. The initiation tape can be created manually or imported from an external source. Once the master record is created, it can be used to manage the property in SAP RE. 
  
  Tips & Tricks: 
  When creating an initiation tape, make sure to include all relevant information about the property. This will ensure that the master record created in SAP RE is accurate and up-to-date. Additionally, it is important to keep the initiation tape up-to-date with any changes that occur in the property. 
  
  Related Information: 
  For more information on how to use an initiation tape in SAP RE, please refer to the official SAP documentation. Additionally, there are many online resources available that provide step-by-step instructions on how to create and manage an initiation tape in SAP RE.