What is rental object code in SAP RE - Real Estate Management?

SAP Term: rental object code

• Component: RE

• Component Name: Real Estate Management

• Description: A classification of real estate objects according to Italian law 'Decreto Bersani'. The law defines: 2-digit rental object codes Tax rates for the registration tax 'Imposta di Registro - I' for each rental object code In Italy, it is known as 'oggetto della locazione' as defined by law.

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• Key Concepts: 
  Rental Object Code is a feature of SAP Real Estate Management (RE-FX) that allows users to define and manage rental objects. It is used to store information about rental objects such as the type of object, the rental period, the rental rate, and other related data. This information can then be used to generate rental contracts and invoices. 
  
  How to use it: 
  To use the Rental Object Code feature, users must first create a rental object in the system. This can be done by entering the relevant information into the system, such as the type of object, the rental period, and the rental rate. Once this is done, users can then generate rental contracts and invoices based on this information. 
  
  Tips & Tricks: 
  When creating a rental object in SAP RE-FX, it is important to ensure that all relevant information is entered correctly. This will ensure that the generated contracts and invoices are accurate and up-to-date. Additionally, it is important to keep track of any changes made to the rental object code as this could affect the accuracy of the generated documents. 
  
  Related Information: 
  For more information on SAP RE-FX and its features, please refer to the official SAP documentation or contact your local SAP representative. Additionally, there are many online resources available that provide detailed tutorials on how to use SAP RE-FX and its features.