How to use FOA5 - Activate rent adjustment: Index

SAP Transaction Code - Details

• Transaction Code: FOA5

  Description: Activate rent adjustment: Index

  Release: S/4HANA and ECC 6

• • Program: RFVIMAEA

    Screen: 1000

    Authorization Object: FI_IND_BUK

  • Development Package: FVVI

    Package Description: R/3 appl.dev. for Financial Assets Management: Real estate

    Parent Package: APPL

  • Module/Component: RE

    Description: Real Estate Management

Smart SAP Assistant

• SAP Tcode: FOA5 - Activate rent adjustment: Index

  
  Overview:
  The SAP transaction code FOA5 is used to activate rent adjustment index in the system. This transaction code is used to adjust the rent of a property based on the index value. It is used to maintain the rent of a property in line with the market rate. 
  
  Functionality: 
  The FOA5 transaction code allows users to adjust the rent of a property based on an index value. This index value can be set by the user and can be adjusted periodically. The index value is used to calculate the new rent amount for a property. The new rent amount is then updated in the system. 
  
  Step-by-step How to Use: 
  1. Enter the transaction code FOA5 in the command field. 
  2. Enter the index value that you want to use for rent adjustment. 
  3. Enter the date from which you want to apply the new rent amount. 
  4. Enter the new rent amount that you want to apply for the property. 
  5. Click on ‘Save’ to save your changes and activate rent adjustment index in the system. 
  
  Other Recommendations: 
  It is recommended that users should review their index values periodically and adjust them accordingly to ensure that their properties are being rented at market rate. Additionally, users should also review their rental agreements regularly and make necessary changes if required.