What is 'service charge settlement header' in SAP RE - Real Estate Management?

service charge settlement header - Overview

• Component: RE

• Component Name: Real Estate Management

• Description: A part of a service charge settlement which contains data that is valid for the entire service charge settlement. A service charge settlement header contains: Settlement category Partner Invoice date Invoice number Period start Period end Total amount Tax code

service charge settlement header - Details

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  Key Concepts: 
  Service charge settlement header is a component of SAP Real Estate Management (RE) that allows for the settlement of service charges between tenants and landlords. It enables the calculation of service charges based on the contractually agreed-upon terms and conditions. The settlement header also allows for the reconciliation of service charges between tenants and landlords, as well as the tracking of payments and receivables. 
  
  How to use it: 
  To use the service charge settlement header, first enter the contractually agreed-upon terms and conditions into the system. Then, enter the relevant data such as tenant and landlord information, service charge amounts, payment dates, etc. Once all of this information is entered, the system will automatically calculate the service charges based on the terms and conditions. Finally, you can reconcile the service charges between tenants and landlords, track payments and receivables, and generate reports. 
  
  Tips & Tricks: 
  When entering data into the system, make sure to double-check all information to ensure accuracy. This will help to avoid any discrepancies or errors in calculations. Additionally, it is important to keep track of all payments and receivables in order to ensure that all parties are up-to-date on their obligations. 
  
  Related Information: 
  For more information on SAP Real Estate Management (RE) and its components, please visit SAP’s website at https://www.sap.com/products/real-estate-management.html.