Move RE cost from Contract No to Building/Property within RE module instead of FI

[jennychen1]

Hi, RE experts:

Our company's process moves costs from contract to Buildings/Properties by posting a FI document that will debit to Buildings/Properties and credit to contract nomber.

Is there any way to move the cost from contract to Buildings/Properties within the Real Estate module instead of posting FI documents?

Thanks,

Jenny

[narnei]

Hi Jenny,

As per my understanding through a REFX contract you can make the FI posting entries, at the same time you can define the objects as per your cleint requirement, for those objects you can distibute the charges / conditions what you are paying through a contract.

In your case you want to flow the costs to Building, so try to assign the building in the RECN Contract in Objects Tab, (instead of rental object).

While adding the conditions in the contract ( conditions tab ) try to select the Building and for that you can assign the conditions.

To assign building in contract ( Objects tab ) you may need to do the foloowing configuration as below.

SPRO - Flexible Real Estate Management (RE-FX) --> Contract --> Objects --> Permitted Object Types per Contract Type -->  you can select your contract type and assign it to building, so that it will allows you to assign the building in contract.

( Attached screen shot FYI ) .

After assigning in contract - conditions tab - simulation mode - you can see the object cash flow ( against your building  & partner related cash flow ).

Thanks & Best Regards,

Subbarao.Narne

[yeong-chul_jeong]

Dear Jenny Chen.

If you want to transfer the revenue and cost to the OBJECT (Contract and Building), you can use the

"Distribution Formulas". If you config this customizing, then all costs and revenue can be posted directly to the object when there is a posting.

So, When you generate the cash flow of contract condition, you can see the "Partner-related cash

flow" and "Object Cash flow" as below.

1) go to T-Code RECACUST > Conditions and Flows > Calculation and Distribution Formulas >

                                             > Distribution Formulas

The resulting amounts then appear in the object cash flow of the contract, and are posted during periodic posting for the contract.

--> For example, for Vendor lease-In:

    A) Partner-related cash flow:

        Debit: Cost (Contract)     /   Credit: Vendor

    B) Object cash flow:

        Debit:  Cost(Distribution Object such as Building)   /   Credit: Cost Clearing (Contract)

Regards,

Jeong, Yeong-Chul