How to use FOQM - RE: Simulate FAR rent adj.

SAP Transaction Code - Details

• Transaction Code: FOQM

  Description: RE: Simulate 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: FOQM - RE: Simulate FAR rent adj.

  
  Overview:
  The SAP transaction code FOQM - RE Simulate FAR rent adj. is used to simulate the adjustment of the fair market rent for a property. This transaction code is used to calculate the fair market rent for a property based on the current market conditions. 
  
  Functionality: 
  The FOQM - RE Simulate FAR rent adj. transaction code allows users to simulate the adjustment of the fair market rent for a property. This transaction code can be used to calculate the fair market rent for a property based on current market conditions. The simulation will provide an estimate of the potential adjustment of the fair market rent for a property. 
  
  Step-by-step How to Use: 
  1. Access the SAP system and enter transaction code FOQM - RE Simulate FAR rent adj. 
  2. Enter the relevant information about the property, such as address, size, and type of property. 
  3. Enter the current fair market rent for the property. 
  4. Enter any additional information that may be relevant to the simulation, such as local market conditions or other factors that may affect the fair market rent for the property. 
  5. Click “Simulate” to generate an estimate of the potential adjustment of the fair market rent for the property. 
  6. Review and analyze the results of the simulation and make any necessary adjustments to the fair market rent for the property. 
  7. Save any changes made to the fair market rent for the property in SAP. 
  
  Other Recommendations: 
  It is important to note that this transaction code should only be used as a simulation tool and not as an exact calculation of fair market rent adjustments for a property. It is recommended that users consult with local real estate professionals or other experts in order to get an accurate assessment of potential adjustments to fair market rents for a property.