RERAPP - RETP Transfer

[Former Member]

Hi All,

Tcode: RERAPP>Posting>Type of Posting Run>RETP Transfer

Can someone please explain to me why do we need to Transfer? What is the logic behind it? 

What will be the correct accounting entries in the Accounting Document?

Hope you can help!

Thanks.

wcKon

[JFPC · Accepted solution]

Hi,

SAP RE-FX makes two postings from the periodic postings. At first to create a customer debit and a GL account with reference to the contract. This is the regular posting. The transfer posting posts debit on the GL account with reference to the contract and credit on a GL account with reference to the rental object. In this way SAP ensures that you can post revenues on the rental objects and other objects and the revenue doesnot stay on the contract. This is especially helpfull because you can assign more then one object to the contract and in the contract you can specify the distribution between the objects (for example by measurement).

Example:

REDP posting

Customer tenant          1190

@ Tax                            190

@ Revenue                  1000 (CO object is contract)

RETP posting

Revenue                      1000 (CO object is contract)

@ Revenue                    500 (CO object is rental object)

@ Revenue                    500 (CO object is rental object)

We always choose to do both postings in one periodic posting run to ensure that the postings end on the different rental objects and do not stay on the contract.

Regards,

Jeroen

[Former Member · Accepted solution]

Hi,

the main goal is to get the profitability by rental space. (per m2, per useage type, per building, ...)

the revenues are posted as mentioned above.

the charges or posted to the rental object or to a settlement unit (which distributes the costs to the rental objects).

regards

stefaan

[Former Member]

Thanks             Jeroen

This has been quite helpful as the client seem satisfied now about what accounts to include in chat. What i now need to know is the document type for transfer posting , and where is this document type assigned , is it in RE_FX or in Financial Accounting?

Very Much Thanks

David

[JFPC]

Hi David,

You're welcome. You can customize the document types under the RE-FX customizing:

Flexible Real Estate Management (RE-FX) > Accounting > Integration FI-GL, FI-AR, FI-AP > Account Determination > Define Document Type Determination.

The process you choose is REPP and then the procedure REDP is for debit postings (so customer postings), here you take document type DR for example. However is you choose the same process and procedure RETP you have the transfer posting. Here you can use document type SA or a new one. This is just a GL posting so no customer or vendor positions come in this posting.

Good luck,

Jeroen

[Former Member]

Hello Jeroen

Thanks so much .

Regards

David

[Former Member]

Hi All

Still on the above on RERAPP-transfer Posting, my client needs to understand how the allocation GL account is updated by the process. They need to understand the accounting entries involved.can anyone help me on this.

Much thanks

David

[JFPC]

Hi David,

The way we use to work at implementations is as follows:

Example:

REDP posting

Customer tenant (GL reconciliation account customer)          1190

@ Tax (GL account taxes)                                                        190

@ Revenue (GL account 800099)                                          1000 (CO object is contract)

RETP posting

Revenue (GL account 800099)                                              1000 (CO object is contract)

@ Revenue (GL account 800000)                                           500 (CO object is rental object)

@ Revenue (GL account 800000)                                           500 (CO object is rental object)

In this way the GL account 800099 is a kind of intermediate account which is credited with the revenue on the contract at first but in the second posting this account is debited with the revenue on the contract. The final revenue stays on account 800000 with as CO object the rental object. For the two postings we use different document types, so we can have a look at the contract revenues, the rental object revenues and in the PL statement we have the revenue on the 800000 account while the 800099 is zero. In this way we can easily check if everything is posted to the proper accounts.

Good luck,

Jeroen