What is year-end posting in SAP RE - Real Estate Management?

SAP Term: year-end posting

• Component: RE

• Component Name: Real Estate Management

• Description: The process of transferring postings for extraordinary expenses to transfer accounts at the end of each fiscal year. You make year-end postings during year-end closing.

Smart SAP Assistant

• Key Concepts: 
  Year-end posting in SAP Real Estate Management (RE) is the process of closing out the financial year in the system. This involves posting all of the necessary documents and transactions to ensure that the financial data is accurate and up-to-date. This process is important for ensuring that the financial data is accurate and can be used for reporting and analysis. 
  
  How to use it: 
  In order to complete a year-end posting in SAP RE, users must first ensure that all of the necessary documents and transactions have been posted. This includes any invoices, payments, or other transactions that need to be posted. Once all of the necessary documents and transactions have been posted, users can then proceed with the year-end posting process. This involves running a series of reports to ensure that all of the data is accurate and up-to-date. Once this is done, users can then close out the financial year in SAP RE. 
  
  Tips & Tricks: 
  When completing a year-end posting in SAP RE, it is important to ensure that all of the necessary documents and transactions have been posted before proceeding with the process. Additionally, it is important to run a series of reports to ensure that all of the data is accurate and up-to-date before closing out the financial year in SAP RE. 
  
  Related Information: 
  For more information on year-end posting in SAP RE, please refer to the official SAP documentation on the topic. Additionally, there are a number of online resources available that provide detailed instructions on how to complete a year-end posting in SAP RE.