What is transfer posting in SAP RE - Real Estate Management?

SAP Term: transfer posting

• Component: RE

• Component Name: Real Estate Management

• Description: The movement of posted amounts from a provision account to a profit and loss P&L account. You make transfer postings for spent and posted provision amounts that relate to extraordinary operations.

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• Key Concepts: 
  Transfer posting is a process in SAP Real Estate Management (RE) that allows for the transfer of real estate objects from one company code to another. This process is used when a company acquires or sells real estate objects, or when a company reorganizes its business structure. The transfer posting process ensures that all relevant data related to the real estate object is transferred accurately and efficiently. 
  
  How to use it: 
  To use the transfer posting process, the user must first create a transfer posting document in the RE system. This document contains all of the necessary information about the real estate object, such as its location, size, and value. Once the document is created, it can be transferred to the new company code. The user must then enter the relevant data into the new company code’s system and confirm the transfer. 
  
  Tips & Tricks: 
  When creating a transfer posting document, it is important to ensure that all of the necessary information is included. This includes not only the basic information about the real estate object, but also any additional data that may be relevant to its transfer. Additionally, it is important to double-check all of the data entered into the new company code’s system before confirming the transfer. 
  
  Related Information: 
  For more information on transfer postings in SAP Real Estate Management, please refer to SAP’s official documentation on the topic. Additionally, there are many online resources available that provide detailed instructions on how to use this process.