What is usage category in SAP (RE - Real Estate Management)?

SAP Term: usage category

• Component: RE

• Component Name: Real Estate Management

• Description: Classification of internal usage types. Usage categories include: Non-commercial Commercial Mixed

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• Key Concepts: 
  Usage category is a feature of SAP Real Estate Management (RE) that allows users to classify and group real estate objects according to their usage. This helps users to better manage their real estate portfolio and make informed decisions about their investments. Usage categories can be used to classify objects such as buildings, land, and other real estate assets. 
  
  How to use it: 
  In order to use usage categories, users must first define the categories they wish to use. This can be done in the RE Customizing menu. Once the categories have been defined, users can assign them to objects in the RE Master Data menu. This will allow users to easily group and analyze their real estate portfolio according to usage. 
  
  Tips & Tricks: 
  It is important to ensure that all objects are assigned a usage category, as this will allow for more accurate analysis of the portfolio. Additionally, it is important to keep usage categories up-to-date in order to ensure that the data is accurate and up-to-date. 
  
  Related Information: 
  For more information on usage categories in SAP Real Estate Management, please refer to the official SAP documentation here: https://help.sap.com/viewer/product/SAP_RE/8.0/en-US