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Transaction Code: FOV8
Description: Activate Residential Lease-Outs
Release: S/4HANA and ECC 6
Program: RFVIAKT0
Screen: 1000
Authorization Object: FI_MIE_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
Overview: The SAP transaction code FOV8 is used to activate residential lease-outs. This code is used to create a new lease agreement for a residential property and to activate the agreement in the system. Functionality: The FOV8 transaction code allows users to enter the details of a new lease agreement, including the tenant’s name, address, and contact information. It also allows users to enter the details of the property, such as the address, size, and rental rate. Once all of the information has been entered, the code will activate the agreement in the system. Step-by-step How to Use: 1. Enter transaction code FOV8 in the command field. 2. Enter the tenant’s name, address, and contact information in the appropriate fields. 3. Enter the details of the property, such as address, size, and rental rate. 4. Click “Activate” to activate the agreement in the system. Other Recommendations: It is important to ensure that all of the information entered into the system is accurate and up-to-date before activating a lease agreement. Additionally, it is recommended that users review any existing lease agreements before creating a new one to ensure that there are no conflicts or discrepancies between them.