What is M/L-tape in SAP RE - Real Estate Management?

SAP Term: M/L-tape

• Component: RE

• Component Name: Real Estate Management

• Description: A normed, electronic form that is specific to Germany and used in the external heating expenses settlement. The M/L-tape contains all the data required for settlement. At the end of the settlement period, the M/L Mieter = tenant/Liegenschaft = realty tape is generated by the SAP system and submitted to the settlement company.

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• Key Concepts: 
  M/L-tape is a component of SAP Real Estate Management (RE) that allows users to manage their lease contracts. It provides a graphical representation of the lease contract, including the start and end dates, the rent amount, and other details. The M/L-tape also allows users to track changes in the lease contract over time.
  
  How to use it: 
  To use M/L-tape, users must first create a lease contract in SAP RE. Once the contract is created, users can view the M/L-tape by selecting it from the menu. The M/L-tape will display all of the details of the lease contract, including the start and end dates, rent amount, and other details. Users can then make changes to the lease contract by editing the details in the M/L-tape.
  
  Tips & Tricks: 
  When creating a new lease contract in SAP RE, it is important to enter all of the details accurately. This will ensure that the M/L-tape displays all of the correct information. Additionally, users should regularly review their M/L-tape to ensure that all of the details are up to date.
  
  Related Information: 
  SAP RE also includes other components that can be used to manage lease contracts, such as Lease Administration and Lease Accounting. Additionally, SAP RE includes reporting tools that allow users to generate reports on their lease contracts.