What is periodic posting in SAP (RE - Real Estate Management)?

SAP Term: periodic posting

• Component: RE

• Component Name: Real Estate Management

• Description: Posting activity related to the contract in which vendor or customer condition amounts are credited or debited to the accounts of the assigned business partners.

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• Key Concepts: 
  Periodic posting in SAP Real Estate Management (RE) is a process that allows for the automatic posting of periodic payments, such as rent payments, to the general ledger. This process is used to ensure that all payments are accurately recorded and accounted for. 
  
  How to use it: 
  To use periodic posting in SAP RE, you must first set up a periodic posting profile. This profile will define the parameters of the periodic postings, such as the frequency of the postings and the accounts to which the payments should be posted. Once the profile is set up, you can then create a periodic posting document that will be used to post the payments. 
  
  Tips & Tricks: 
  When setting up a periodic posting profile, it is important to ensure that all of the necessary accounts are included in the profile. This will ensure that all payments are accurately posted to the correct accounts. Additionally, it is important to review and update the profile periodically to ensure that all payments are being posted correctly. 
  
  Related Information: 
  For more information on setting up and using periodic postings in SAP RE, please refer to SAP Help documentation or contact your local SAP support team.