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Pre-Requisites To Configuring Master Management

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88 views3 pages

Pre-Requisites To Configuring Master Management

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Bessem
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Configuring Master Data Management in Flexible Real Estate Management (RE FX)

Pre-Requisites to configuring Master Management


To enable use of RE-FX, company code and controlling area need to be configured beforehand.
To enable use of RE-FX, the following configurations are required to be set-up at the enterprise
level:
a. Activation of the Financial Extension (Application Indicator EA-FIN) Within the SAP R/3
Enterprise Extension Set
b. Activation of the BTE Application (RE). This is essential to ensure Business transactions
events (BTE) related to other modules.
c. Activation of the Real Estate Extension

To enable use of RE-FX, the following configurations are required to be set-up at the company code
level:

R3-FI has to be activated as the Financial Accounting System.


Uniqueness of Object Assignment
It states that whether uniqueness of object is to be maintained or not.
Functional Location Multiple By checking, multiple real estate objects can be set in the same time in
the same period for a Functional Location.
Asset Assignment- By checking, multiple real estate objects can be set in the same time in the same
period for the assets.
WBS Multiple- By checking, multiple real estate objects can be set in the same time in the same
period for the WBS.
Order Assignment- By checking, multiple real estate object can be set in the same time in the same
period for the order.
Asset Mandatory By checking, it is mandatory to assign the Fixed Asset to the Real Estate Object.

SAP COMMUNITY NETWORK SDN - sdn.sap.com | BPX - bpx.sap.com | BOC - boc.sap.com | UAC - uac.sap.com
© 2011 SAP AG 7
Configuring Master Data Management in Flexible Real Estate Management (RE FX)

1. Default units of measurement


Area Unit It specifies the unit of measurement for the area per company code as a default value on
the business entity.
Volume Unit It specifies the unit of measurement for the volume per company code as a default
value on the business entity.
Unit of Length It specifies the unit of measurement for the length per company code as a default
value on the business entity.

2. Under Rental Accounting


Company Code Opts If this indicator is set, it means that option rates are to be determined.
Residual Item It specifies when there is an incoming payment and that does not clear the entire
open item, then how will that be treated.
If this indicator is set then the remaining amount becomes a residual item that the system treats as a
new receivable (open item).
Fill Assignment If this indicator is set the assignment in document line item field is automatically
filled.
Item Summarization-If this indicator is set then there will be summarization of line items.
Tax Line Item Summarization- If this indicator is activated then there will be summarization of the tax
line items based on certain specified criteria like Underlying Tax Code, Tax Jurisdictions.
To enable use of RE-FX, the following configuration is required to be set-up also:
Activation of Real Estate Management

Also, along with the configurations given above the necessary configurations for Master Data and
contract management needs to be completed before configurations for Service Charge Settlement
can be done.

SAP COMMUNITY NETWORK SDN - sdn.sap.com | BPX - bpx.sap.com | BOC - boc.sap.com | UAC - uac.sap.com
© 2011 SAP AG 8
Configuring Master Data Management in Flexible Real Estate Management (RE FX)

Configurations in Master Data Management in RE-FX


The Flexible real estate module comes under the accounting part in SAP and can be accessed in easy
access and SPRO as given in screenshots below:

Master Data Management configurations are available in SPRO under:


IMG Path: IMG Flexible Real Estate Management Master Data

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© 2011 SAP AG 9

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