What is 'unqualified down payment' in SAP RE - Real Estate Management?

unqualified down payment - Overview

• Component: RE

• Component Name: Real Estate Management

• Description: An overpayment credited to the customer during incoming payments processing of rent receivables. It is used to balance customer open items during the next processing of incoming payments.

unqualified down payment - Details

• 
  Key Concepts: 
  Unqualified down payment is a payment made by a tenant to a landlord in SAP Real Estate Management (RE-FX) that is not linked to any specific invoice or contract. It is used to cover the costs of services provided by the landlord, such as maintenance or repairs. The payment is recorded in the system as an unqualified down payment and can be used to offset future invoices or contracts. 
  
  How to use it: 
  In SAP RE-FX, unqualified down payments are created in the Down Payment Request (DPR) transaction. The tenant must provide the necessary information, such as the amount of the payment, the date of payment, and the purpose of the payment. Once the DPR is created, it can be used to offset future invoices or contracts. 
  
  Tips & Tricks: 
  When creating a DPR, it is important to ensure that all necessary information is provided. This includes the amount of the payment, the date of payment, and the purpose of the payment. Additionally, it is important to ensure that all relevant documents are attached to the DPR for future reference. 
  
  Related Information: 
  For more information on unqualified down payments in SAP RE-FX, please refer to SAP Help documentation at https://help.sap.com/viewer/product/SAP_RE-FX/latest/en-US.