How to use FOAK - Rent adjustment letter: Free adj.

SAP Transaction Code - Details

• Transaction Code: FOAK

  Description: Rent adjustment letter: Free adj.

  Release: S/4HANA and ECC 6

• • Program: RFVIFG01

    Screen: 1000

    Authorization Object:

  • 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: FOAK - Rent adjustment letter: Free adj.

  
  Overview:
  The SAP transaction code FOAK is used to adjust the rent of a tenant. It allows the user to make free adjustments to the rent amount, such as discounts or additional charges. This transaction code is used in the Real Estate Management (RE-FX) module of SAP. 
  
  Functionality: 
  The FOAK transaction code allows users to adjust the rent of a tenant without having to create a new contract. This is useful for making small adjustments to the rent amount, such as discounts or additional charges. The user can also view and edit existing rent adjustments, as well as delete them if necessary. 
  
  Step-by-step How to Use: 
  1. Enter the FOAK transaction code in the SAP command field. 
  2. Select the tenant whose rent you want to adjust. 
  3. Enter the new rent amount and any other relevant information. 
  4. Confirm your changes and save them. 
  
  Other Recommendations: 
  It is important to double-check all changes before saving them, as incorrect adjustments can lead to financial losses for both parties involved. Additionally, it is recommended that users familiarize themselves with the RE-FX module of SAP before using this transaction code, as it will help them understand how it works and how it affects other areas of their business.