What is measurement in SAP RE - Real Estate Management?

SAP Term: measurement

• Component: RE

• Component Name: Real Estate Management

• Description: All variables that can be measured such as residential space, number of persons and that are needed in service charge settlement, management accounting, or other types of reports. &EXAMPLE& Residential space 1000m² Number of persons: 4 persons Office space 30m²

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• Key Concepts: 
  Measurement in SAP RE is the process of determining the size of a property or space. This is done by measuring the length, width, and height of the space and then calculating the total area. Measurement is important for accurately calculating rental fees, taxes, and other costs associated with a property. 
  
  How to use it: 
  In SAP RE, measurements are entered into the system by entering the length, width, and height of a space. The system will then calculate the total area of the space. This information can then be used to calculate rental fees, taxes, and other costs associated with a property. 
  
  Tips & Tricks: 
  When entering measurements into SAP RE, it is important to be as accurate as possible. This will ensure that all calculations are accurate and that rental fees, taxes, and other costs associated with a property are calculated correctly. 
  
  Related Information: 
  For more information on measurement in SAP RE, please refer to the SAP Help documentation.