What is 'maximum costs' in SAP RE - Real Estate Management?

maximum costs - Overview

• Component: RE

• Component Name: Real Estate Management

• Description: The maximum amount of money for each condition type that can be apportioned as cost to the tenant. Costs above the maximum amount remain on the rental unit and are identified as non-apportionable.

maximum costs - Details

• 
  Key Concepts: 
  Maximum costs in SAP RE Real Estate Management are the maximum amount of money that can be spent on a particular project or activity. This limit is set by the company and is used to ensure that the project or activity does not exceed its budget. 
  
  How to use it: 
  In SAP RE Real Estate Management, maximum costs are set by the company and can be adjusted as needed. The maximum cost limit is used to ensure that the project or activity does not exceed its budget. The maximum cost limit can be set for each project or activity, and can be adjusted as needed. 
  
  Tips & Tricks: 
  When setting maximum costs in SAP RE Real Estate Management, it is important to consider the scope of the project or activity, as well as any potential risks associated with it. It is also important to consider any potential changes in the market that could affect the cost of the project or activity. 
  
  Related Information: 
  In SAP RE Real Estate Management, maximum costs are used in conjunction with other features such as budgeting and forecasting. These features help to ensure that projects and activities are completed within their allocated budgets. Additionally, these features help to identify potential risks associated with projects and activities, and can help to identify areas where additional resources may be needed.