What is option rate calculation by cubic volume in SAP RE - Real Estate Management?

SAP Term: option rate calculation by cubic volume

• Component: RE

• Component Name: Real Estate Management

• Description: Under German law, the calculation of the monthly option rate using the cubic volume of the rental units unit: m³ The option rate is necessary for processing input tax.

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• Key Concepts: 
  Option rate calculation by cubic volume is a feature of SAP Real Estate Management (RE) that allows users to calculate rental rates based on the cubic volume of a property. This calculation is used to determine the rental rate for a property based on its size, rather than a fixed rate. 
  
  How to use it: 
  In order to use option rate calculation by cubic volume, users must first enter the relevant data into the system. This includes the size of the property, as well as any additional factors that may affect the rental rate. Once this data is entered, the system will calculate the rental rate based on the cubic volume of the property. 
  
  Tips & Tricks: 
  When using option rate calculation by cubic volume, it is important to ensure that all relevant data is entered accurately. This will ensure that the rental rate is calculated correctly and accurately reflects the size of the property. Additionally, it is important to keep in mind that this calculation may not be applicable in all cases, and other factors may need to be taken into consideration when determining a rental rate. 
  
  Related Information: 
  For more information on option rate calculation by cubic volume, please refer to SAP's official documentation on Real Estate Management (RE). Additionally, there are many online resources available that provide further information and guidance on using this feature.