SAP Real Estate Management with SAP RE-FX

Commercial real estate management is used to handle all the processes involved in managing a property. Through a multitude of contract types, all contract constructs of a debit-side as well as credit-side nature, such as leasing and renting, deposit and service contracts, own use, etc. can be managed.

The rental contract is at the center of real estate management. From the conclusion of the contract to the posting of debit positions and monitoring of payments, the execution of rent adjustments and service charge settlements including adjustment of advance payments, to the termination or use of renewal options, the life cycle of the contract is managed in SAP RE-FX. In addition, the option of sales-based rent accounting, the creation of rent invoices, as well as automatic option rate determination and input tax distribution is offered, which is mainly used for the leasing of commercial properties.

All these functions are fully integrated with the financial accounting and controlling functions, which is why these two components are also a prerequisite for using RE-FX.

A large amount of correspondence is also generated in the course of administration. This can be programmed according to the individual needs of the customers. The correspondences are filed to the respective object and archived if desired. For easy sending by e-mail as well as for administration and status tracking of the printing and sending process, we can offer our partner solution SmartDocs as an add-on.