What is net rent in SAP RE - Real Estate Management?

SAP Term: net rent

• Component: RE

• Component Name: Real Estate Management

• Description: Basic rent, excluding operating and heating expenses.

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• Key Concepts: 
  Net rent is a term used in SAP Real Estate Management (RE-FX) to refer to the total amount of rent due for a property, minus any discounts or other deductions. It is the amount that the tenant is actually responsible for paying. 
  
  How to use it: 
  Net rent is calculated by taking the total rent due for a property and subtracting any discounts or other deductions. This amount is then used to calculate the tenant’s monthly payments. The net rent can also be used to calculate the total amount of rent due for a given period of time. 
  
  Tips & Tricks: 
  When calculating net rent, it is important to take into account any discounts or deductions that may apply. This will ensure that the tenant is only responsible for paying the correct amount of rent. 
  
  Related Information: 
  Net rent is closely related to gross rent, which is the total amount of rent due for a property before any discounts or deductions are applied. It is important to understand both terms in order to accurately calculate rental payments.