What is main rent statement in SAP RE - Real Estate Management?

SAP Term: main rent statement

• Component: RE

• Component Name: Real Estate Management

• Description: Austrian Tenancy Law MRG A comparative list of revenues and expenditures for the prior calendar year for a rental object as stipulated by Austrian tenancy law. This report does not always exactly reflect the actual income and expenditures of the landlord. It can also contain fictitious income and expense items. This regulation is intended to force the landlord to build up reserves, which are then used to finance regular maintenance and other necessary improvements on the building.

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• Key Concepts: 
  Main rent statement is a feature of SAP Real Estate Management (RE-FX) that allows users to view and manage rental contracts. It provides an overview of all rental contracts and their associated payments, as well as the ability to generate reports and analyze data. The main rent statement also allows users to track rental payments, view payment history, and manage rental contracts. 
  
  How to use it: 
  To use the main rent statement, users must first create a rental contract in SAP RE-FX. Once the contract is created, users can access the main rent statement by navigating to the “Rental Contracts” tab in SAP RE-FX. From there, users can view all rental contracts and their associated payments. Users can also generate reports and analyze data from the main rent statement. 
  
  Tips & Tricks: 
  When creating a rental contract in SAP RE-FX, be sure to include all relevant information such as payment terms, payment frequency, and any other details that may be necessary for tracking payments. Additionally, users should take advantage of the reporting capabilities of the main rent statement to gain insights into their rental contracts. 
  
  Related Information: 
  For more information on SAP Real Estate Management (RE-FX), please visit the official SAP website at https://www.sap.com/products/real-estate-management.html. Additionally, there are many online resources available that provide tutorials and tips on using SAP RE-FX and its features such as the main rent statement.