What is sales-based settlement in SAP RE - Real Estate Management?

SAP Term: sales-based settlement

• Component: RE

• Component Name: Real Estate Management

• Description: Function for settling sales-based rent agreements within real estate contracts based on the sales reports of commercial tenants.

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• Key Concepts: 
  Sales-based settlement is a feature of SAP Real Estate Management (RE) that allows for the automatic settlement of sales transactions. This feature enables the automatic calculation of sales commissions, taxes, and other fees associated with a sale. It also allows for the automatic transfer of funds from the buyer to the seller. 
  
  How to use it: 
  To use sales-based settlement in SAP RE, you must first set up the relevant parameters in the system. This includes setting up the commission structure, taxes, and other fees associated with a sale. Once these parameters are set up, you can then use the sales-based settlement feature to automatically calculate and transfer funds from the buyer to the seller. 
  
  Tips & Tricks: 
  When setting up the parameters for sales-based settlement in SAP RE, it is important to ensure that all relevant information is entered correctly. This includes ensuring that all taxes and fees are correctly calculated and that all funds are transferred accurately. Additionally, it is important to regularly review and update these parameters as needed to ensure accuracy. 
  
  Related Information: 
  For more information on sales-based settlement in SAP RE, please refer to the official SAP documentation on this topic. Additionally, there are many online resources available that provide helpful tips and tricks for using this feature effectively.