What is sales accrual/deferral in SAP RE - Real Estate Management?

SAP Term: sales accrual/deferral

• Component: RE

• Component Name: Real Estate Management

• Description: A method for the accounting accrual/deferral for the reported, planned sales or sales revenue of a sales-based lease-out.

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• Key Concepts: 
  Sales accrual/deferral in SAP Real Estate Management (RE) is a process that allows for the recognition of revenue from sales transactions that have not yet been completed. This process is used to ensure that the revenue from a sale is recognized in the correct period, even if the sale has not yet been finalized. 
  
  How to use it: 
  In SAP RE, sales accrual/deferral is used to recognize revenue from sales transactions that have not yet been completed. This process involves creating an accrual or deferral document in the system, which records the amount of revenue to be recognized in the current period. The document also records any associated costs or expenses related to the sale. Once the sale is finalized, the accrual or deferral document is reversed and the actual revenue and expenses are recorded in the system. 
  
  Tips & Tricks: 
  When creating an accrual or deferral document in SAP RE, it is important to ensure that all associated costs and expenses are accurately recorded. This will help ensure that the correct amount of revenue is recognized in the current period. Additionally, it is important to ensure that all documents are properly reversed once the sale is finalized. 
  
  Related Information: 
  For more information on sales accrual/deferral in SAP RE, please refer to SAP Help documentation at https://help.sap.com/viewer/product/SAP_RE/8.0/en-US.