What is pass-on percentage rate in SAP RE - Real Estate Management?

SAP Term: pass-on percentage rate

• Component: RE

• Component Name: Real Estate Management

• Description: The percentage used to determine the amount of a rent adjustment that is charged to tenants. This percentage is always related to a real estate contract.

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• Key Concepts: 
  Pass-on percentage rate is a feature of SAP Real Estate Management (RE) that allows users to calculate the amount of rent that should be passed on to tenants based on a percentage rate. This rate is determined by the user and can be adjusted as needed. The pass-on percentage rate is used to calculate the amount of rent that should be passed on to tenants, and it is based on the total rent amount for the property. 
  
  How to use it: 
  To use the pass-on percentage rate, users must first enter the total rent amount for the property. Then, they must enter the desired pass-on percentage rate. The system will then calculate the amount of rent that should be passed on to tenants based on this rate. The user can then adjust the rate as needed. 
  
  Tips & Tricks: 
  When setting up a pass-on percentage rate, it is important to consider the current market conditions and any other factors that may affect the rental rates. Additionally, it is important to keep in mind that the pass-on percentage rate should be adjusted periodically in order to ensure that tenants are not overpaying or underpaying their rent. 
  
  Related Information: 
  For more information about SAP Real Estate Management and its features, please visit SAP's website at https://www.sap.com/products/real-estate-management.html. Additionally, there are many online resources available that provide detailed information about SAP RE and its features, such as tutorials and user guides.