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, ...
