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SAP Flexible Real Estate Management by Jayant Daithankar

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© Jayant Daithankar 2016

Jayant Daithankar, SAP Flexible Real Estate Management, 10.1007/978-1-4842-1482-4_4

4. Accounting

Jayant Daithankar

(1)A-303 Walia Apartment, Goregaon East, Mumbai, India

In this chapter we will talk about how to configure accounting in an REFX implementation. In this chapter, we will discuss the following:

  • Periodic posting of lease-out contracts

  • Reversal of periodic posting of contracts

  • Verification of posting document after periodic posting

  • Vacancy for rental objects

  • Account determination

  • One-time posting

  • Accrual/deferral postings

We saw in an earlier chapter that real estate contracts are formed between two parties, where the lessor is the legal owner of the asset and provides the lessee the right to use the asset for consideration, ...

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