How to use FOQH - RE: Calculate FAR rent adj.

SAP Transaction Code - Details

• Transaction Code: FOQH

  Description: RE: Calculate FAR rent adj.

  Release: S/4HANA and ECC 6

• • Program: RFVIMACO

    Screen: 1000

    Authorization Object: FI_FAW_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: FOQH - RE: Calculate FAR rent adj.

  
  Overview:
  The SAP transaction code FOQH is used to calculate the FAR rent adjustment. This transaction code is used to adjust the rent of a tenant based on the Fair Market Rent (FMR) set by the government. 
  
  Functionality:
  The FOQH transaction code is used to calculate the FAR rent adjustment for a tenant. It takes into account the FMR set by the government and adjusts the rent accordingly. The FAR rent adjustment is calculated based on the difference between the current rent and the FMR. 
  
  Step-by-step How to Use:
  1. Enter transaction code FOQH in the command field. 
  2. Enter the tenant’s current rent in the “Current Rent” field. 
  3. Enter the FMR set by the government in the “FMR” field. 
  4. Click “Calculate” to calculate the FAR rent adjustment. 
  5. The FAR rent adjustment will be displayed in the “FAR Rent Adjustment” field. 
  6. Click “Save” to save your changes. 
  
  Other Recommendations:
  It is important to note that this transaction code should only be used for calculating FAR rent adjustments and not for any other purpose. Additionally, it is recommended that you consult with a qualified accountant or tax professional before making any changes to your tenant’s rent based on this calculation.