Sap cloud for real estate provides centralized information for an organizations corporate real estate portfolio. Any consultant who wants to configure the service charge settlement settings for user requirements in sap flexible real estate management re fx module sap ecc 6. Hi all, i have a hard time finding information about the sap module real estate. Then perform transition accounting and manage your leases the right way. Sap flexible real estate management jayant daithankar apress. Sap cloud for real estate and facilities management iwms. You will configure sap refx for business scenarios covering solutions from. In real estate module, there is nothing called licensing as far as i am aware. Ifrs16 lease standard sap solution through real estate. It can be used as a ready reference for configuring the refx module in sap. Real estate standard reports quick reference guide page 2 of 9 architectural objects access access the transaction using transaction code reisao.
Sap abap application component refx flexible real estate management sap datasheet the best online sap object repository. Flexible real estate is available as of r3 enterprise financials extension set 2. Refx is the functions which mentioned under corporate services in the solution composer. System to collect, summarize, and evaluate master data and flow data related to real estate management. Contracts are one of the most important documents in an enterprise. Rental units can be linked to the building object or the property object within the sap real estate master data hierarchy. Understanding sap real estate contract management with sap s4hana and sap fiori lesson objectives after completing this lesson, you will be able to. Run compliance readiness checks and configure your leasing system. Sap certification material free download all modules. The sap solution for lease contract management is based on the sap flexible real estate module sap refx, which is integrated with sap fi, co and aa. Streamline real estate management processes by integrating with sap and nonsap solutions and harnessing the power of inmemory technology. Workflow scenarios sap ag link to pm plant maintenance rebdru 6 april 2001 link to pm plant maintenance rebdru purpose you use this workflow template if you want to assign a functional location pm component to a rental unit re component.
The following indicators have to be setup t o be able to use the functions of flexible real estate management in the r3. Now that your sap lease administration by nakisa system is live, you ll. Learn saps real estate management integrated solution to effectively. It is important to know that its not necessary to implement and define the entire sap refx module. Module real estate, refx posted on sep, 2006 at 11. Flexible real estate management refx sap help portal.
Sap real estate management incorporate a stateoftheart user experience, preconfigured financial integration, and the latest digital technologies to streamline and enhance your real estate management processes enterprisewide with the sap real estate management application. Flexible real estate management module is more advanced and refined module by sap. Sap for digital real estate and tenant resident engagement duration. Sap real estate master data rental unit creation youtube. This guide shows you a highlevel view of how the real estate management module in sap is setup, including its links to the project systemsproject and. If my company owns and manage less than 200 rental units commercial and residential, then it is not feasible for us to implement sap with the octopus refx. You can simplify location and contract management with userfriendly functionality to optimize your corporate building portfolio and leverage the latest technologies. The real estate contract lets you manage all contracts related to your real estate portfolio. It rules over classic version with following benefits. Streamline and enhance your residential and commercial real estate processes. Rethink corporate real estate management with sap cloud. Sap real estate is with r3, if you have r3 license that more then enough, but if you are going.
Real estate management is a comprehensive software solution with the ability to boost profitability by managing your real estate portfolio irrespective of whether you manage corporate. Re010 business processes in sap real estate management. Your companys contracts are significant to the daily operations, because they represent all the business. The sap real estate cockpit is a rather small and independent analytical application. The participants become familiar with real estate processes in sap, receive an overview of all sap solutions involved in mapping the real estate processes, and learn to use basic real estate. Contracts are used for many different purposes from procurement to sales to employment and real estate. Learn saps real estate management integrated solution to effectively manage the real estate portfolio at your organization. Sap real estate management is a fullfeatured, integrated solution for managing real estate. Within the sap r3 enterprise extension set, user would need to activate the financials extension application code eafin. The document viewer is available by clicking the leftfacing twoarro w icon. Sap real estate management software incorporates a stateoftheart user experience, preconfigured financial integration, and the latest digital technologies. Sap sdn forum real estate this forum is an opportunity to ask questions and share knowledge and experiences around sap real state solution, including development and implementation sap forum.
Classic real estate is available in releases sap r3 and sap ecc up to sap erp 6. The first book in the market on sap real estate management presents real world, practical examples to illustrate configuration concepts and processes the author is an expert with strong financial and sap expertise and with multiple implementations in refx under his belt learn sap s real estate. If using the web version of sap, type in the command box n and then the transaction code. The sap software aims at providing end to end business solutions. How sap real estate management modules enable the tenant cash receipts to be allocated between rent rental expenses works other expenses supported by the tenant.
Sap tcodes in module re real estate management page 6 of 103. Sap cloud for real estate modules centralized information for real estate and facilities performance management optimize your real estate portfolio with location management by better managing space, quickly evaluating the financial performance of the building, and understanding the physical characteristics of each location. Our team of sap experts talk your language and understand property management. You can integrate sap 3d visual enterprise with real estate master data. Contract management real estate search, real estate contract, conditions, condition purpose, calculation methods real estate financials account determination, flow types, invoice creation. S a p software is famous to be the 4th largest company in the world and it was founded in germany in 1972 by five exibm engineers. Sap abap application component refx flexible real estate. Sap sdn forum real estate this forum is an opportunity to ask questions and share knowledge and experiences around sap real state solution, including.
Img basic settings activate real estate extensions. Real estate master data architecture and usage, business partner master data. Sap flexible real estate management jayant daithankar. P is especially familiar for its enterprise resource planning erp and data management programs. The rental unit can represent a single unit residential or it can. Ensure consistency across the enterprise while reducing data duplication and cost of ownership with direct access to data in sap erp.
Sap refxla lease accounting sap has developed an integrated solution refxla that simplifies compliance with us gaap asc842 and ifrs 16 lease accounting standards leasing property nonmovables other than property equipment, movables lessor sap real estate management enhanced for ifrs 16 and us gaap asc 842 sap leasing. To use the new solution, you first need to activate the financials extension set eafin for all clients and then activate the real estate extension for each individual client. Financial accounting fi controlling co in addition to these, you can use other sap application components to support your work. Jumpstart your leasing project with this guide to sap lease administration by nakisa and sap flexible real estate management. Sap abbreviation is systems, applications and products in data processing. Configuration document for basic settings sap refx sap.
Re200 flexible real estate management sap training. You can add one or more pdf files to an y page of sap lease administration. Configuring service charge settlement in flexible real estate management re fx applies to. You can use existing standard reports or define your own forms and reports for the purposes of analysis. Im currently selectively activating business content, but we are not too happy about the sap standard solution. Sap cloud for real estate and facilities management features. This article aims to give an introduction to sap flexible real estate management and also summarize the configurations required in the master data in flexible real estate module in sap. Learn saps real estate management integrated solution to effectively manage the. Sap provides pdfbased sample forms in flexible real estate management. Re200 flexiblerealestatemanagement saperpfinancials courseoutline courseversion. Architectural usage view of rental objects flexibility to assign number of rental objects wbs elements buildings in one single contract. Any sap refx consultant who wants to configure the master. Views used in refx module below are the view tables, which gives the data from different tables into one table based on the unique available key.
It is written and designed to run as a native app on top of the hana platform. It has strong financial integration, provides analytics, and is. Unit 1 sap real estate contract management with sap s 4hana and sap fiori. Pdfbased forms are the type of form now recommended. Transform your corporate real estate management for the digital era by fully integrating with sap erp and sap s4hana for realtime insights into building operations. Sap abap application component re real estate management.
It was developed specifically with and for customers in the real estate area. To use flexible real estate management refx, you need to install the following sap application components. The master data offers a dual view an architectural view and a usage view. Sap real estate management rem and its business benefits. Configuring master data management in flexible real estate. Abap interface abap class function group function module program. It is clear for me that refx is the only active module in sap which manage real estate functions. The real estate master data in sap flexible real estate management is able to capture extensive details about real estate, such as location, size, market value and usage of a given property for commercial, residential or recreational purposes. Sap pi process integration formerly sap xi industry modules these sap modules employ the prefix is for industry solutions. Cad providers can use a standard interface to integrate other. With all essential sap modules in place, which help in enhancing the presence of real estate companies in the market, users can look forward to reducing costs, compliance risks and consumption of energy. Sap s4hana is an intelligent, integrated erp system that runs on our inmemory database, sap hana, and utilizes artificial intelligence to transform your business processes in the cloud or on premise.