Do you have any question about this SAP term?
Stop googling SAP errors. Use our Free Essentials plan instead - no credit card needed. Start Now →
Component: RE
Component Name: Real Estate Management
Description: Rent that depends on the commercial tenant's sales. The sales-based settlement determines the rent amount and any adjustments of the advance payments, based on the sales reports and the conditions of the Sales-based rental agreement Classic Real estate contract Flexible -FX
Key Concepts: Sales-based rent is a type of rent calculation in SAP Real Estate Management (RE-FX) that is based on the sales revenue of a tenant. It is used to calculate the rent for a tenant based on their sales performance. The rent amount is calculated as a percentage of the tenant's sales revenue. How to use it: In SAP RE-FX, sales-based rent can be set up by creating a rent contract and specifying the calculation type as “sales-based”. The contract must also include the percentage of sales revenue that will be used to calculate the rent amount. The contract must also specify the period for which the rent will be calculated, such as monthly or quarterly. Tips & Tricks: When setting up a sales-based rent contract, it is important to ensure that the percentage of sales revenue used to calculate the rent amount is reasonable and fair for both parties. It is also important to ensure that the period for which the rent will be calculated is appropriate for both parties. Related Information: For more information on setting up sales-based rent contracts in SAP RE-FX, please refer to the SAP Help Portal or contact your local SAP representative.