Editing Business Entities (SAP Library - Real Estate Management)

Editing Business Entities

Note You can create, change and display master data for the business entities. You create business entities as follows:

Starting from the general menu, choose Accounting ® Real estate management ® Master data.

Choose Objects ® Business entity ® Create.

You branch to the initial screen.

Enter the company code and the business entity.

Note Depending on the parameter setting in Customizing, the number of the business entity can be assigned externally or internally.

To simplify the creation process, choose Copy from. This function creates a business entity with the data from an existing business entity. You may adapt the data to the new business entity.

Choose Business entity, press ENTER and maintain your data.

Main functions	Where?	Information
Create link to a profit center or business area, or assign a jurisdiction code	General data tab	Profit Center / Business Area / Jurisdiction Code
Enter description of regional location		This data is useful when you assign rental requests (applications) later on. If you want to carry out a location-dependent rent adjustment according to the Swiss or Dutch law, make sure to specify the location of the business entity in the Location field.
Change object status		Choose Edit ® Functions to carry out activities that change the status of the business entity. For additional information on the status, see Status Management.
Edit address	Edit ® Address	When creating a property and a building, the address of the business entity is automatically copied. However, you can enter an address here that differs from that of the business entity. The more details on the address you enter in the dialog box, the faster your system will work. If your system has already stored several addresses for the clients, you receive a dialog box with an overview of the already existing addresses according to the selection criteria.
Specify tenancy law / assign representative list of rents	Reference factors tab	The tenancy law controls the rent adjustment and the service charge settlement during further processing. If you want to carry out a rent adjustment by means of a representative list of rents you have to enter a representative list of rents defined in Customizing for Real Estate.
Process input tax based on German law	Value tab	Editing Input Tax
Assign owners with owner shares	Owner tab	Assigning Owners
Assign partners related to the business entity	Partner function	Editing Business Entities: Business Partner
Determine availability of the business entity for the rental and lease out process	Availability tab	Availability of Real Estate Objects
Create malfunction reports in the Plant Maintenance (PM) component (defects reported by tenants)	Plant maintenance tab	There is a setting in Customizing for Real Estate to determine that the system automatically creates and assigns a functional location in Plant Maintenance when you create a business entity. If this is not set, you have to manually create a functional location and assign it here. You can create maintenance orders in Plant Maintenance based on the malfunction report.
Consider business entity in complex planning projects	Project management tab	Project System PS (RE)
Include business entity in cost accounting	Orders tab	CO Orders on Real Estate Objects