What is reduction category in SAP RE - Real Estate Management?

SAP Term: reduction category

• Component: RE

• Component Name: Real Estate Management

• Description: A collection of characteristics of a rental object that brings about a rent reduction when a rent adjustment is performed on the basis of the representative list of rents.

Smart SAP Assistant

• Key Concepts: 
  Reduction category in SAP RE is a way to group together different types of discounts or reductions that can be applied to a rental contract. This allows for easy tracking and reporting of the different types of discounts that have been applied. 
  
  How to use it: 
  In order to use reduction categories, you must first create them in the system. This can be done by going to the Reduction Categories tab in the RE Configuration menu. Once created, they can be assigned to rental contracts when creating or editing them. 
  
  Tips & Tricks: 
  When creating reduction categories, it is important to make sure that they are descriptive and easy to understand. This will make it easier for users to identify which category applies to a particular contract. 
  
  Related Information: 
  For more information on reduction categories in SAP RE, please refer to the official SAP documentation here: https://help.sap.com/viewer/d9f8b3f2c7a14e6d8f9a7c3e5b6f2b1d/1709%20000/en-US/d9f8b3f2c7a14e6d8f9a7c3e5b6f2b1d.html