What is service charge key in SAP RE - Real Estate Management?

SAP Term: service charge key

• Component: RE

• Component Name: Real Estate Management

• Description: The type of costs that a real estate object incurs. Distinctions are made between: Apportionable service charge keys: in the settlement, these costs can be apportioned to the tenant as service charges Non-apportionable service charge keys: costs cannot be apportioned to tenant

Smart SAP Assistant

• Key Concepts: 
  A service charge key is a feature of SAP Real Estate Management (RE) that allows users to assign a service charge to a contract. This charge is used to cover the cost of services provided by the landlord, such as maintenance, repairs, and utilities. The service charge key is used to define the amount of the service charge and how it is calculated. 
  
  How to use it: 
  In order to use the service charge key, users must first create a contract in RE. Once the contract is created, users can assign a service charge key to it. This will allow them to define the amount of the service charge and how it is calculated. The service charge key can be changed at any time during the life of the contract. 
  
  Tips & Tricks: 
  When creating a service charge key, it is important to consider how often the service charge will be calculated and how much it will be. It is also important to consider any discounts or incentives that may be offered for early payment of the service charge. 
  
  Related Information: 
  The service charge key is closely related to other features of RE such as rent calculation keys and billing plans. It is important to understand how these features work together in order to ensure that all charges are properly accounted for and billed correctly.