How to settle the cost booked to Real Estate Objects

[venu_mamillapalli]

Our client book revenue and expenses at the Real estate object level. Example: Discount given as condition type in the contract. Or other Revenue/ Expenses booked thru the FI route. Since we have 3000+ RE objects in the lease-out scenario, I am not aware of how to identify and settle these costs and revenues to Cost Centres. Is there any standard way?

[andre_nakratzas]

Hi you can run tcode REISCOCSTACT to view actuals against the RE objects. Normally if you don't want the costs/revenue to stay on the RE object you should assign a settlement profile against the objects which will allow you to periodically settle the costs to the receiver object, e.g. cost centre.

The the standard RE-FX menu you can see the various options that will allow you to use settlement, distribution, etc.

Regards, Andre