Use

In the sales-based rent agreementyou specify how the system determines payments due (rent/advertising fees) based on sales reported by the tenant, and how the system offsets these charges against payments already made (such as advance payments or minimum rent).

The sales-based rent agreement is made up of the following contract terms:

Integration

You can use sales-based rent agreements only in real estate contracts that are specified as relevant for sales.

Prerequisites

You made all the necessary settings for sales-based settlement in Customizing for Flexible Real Estate Management.

For more information, see the Implementation Guide under  Flexible Real Estate Management(RE-FX) Sales-Based Settlement .

You set the Relevant to Sales indicator on the General Data tab page in the real estate contract.

Features

You use this function for determining the form of a sales-relevant real estate contract. It allows you to enter and change reporting rules and sales rules.

In the sales-based rent agreement, you can specify that the system posts the receivables from sales-based rent using the periodic posting functions. To make this possible, set the Post Using Periodic Posting indicator in the sales-based rent agreement when processing the sales rule.

When you post the sales-based settlement, the system adds a plan record to the cash flow of the sales-based rent condition for the amount of the sales-based rent. You can post this plan record with the next periodic posting run.

Activities

When you create a new contract, we recommend that you use the Fast Entry function for accessing the sales-based rent agreement. Using this function, you can create a simple sales rule with a reporting rule at one time.

To change a sales-based rent agreement (for example, to add a reporting rule) or to create a more complex sales-based rent agreement, choose ( Create Term ). For more information, see Processing a Reporting Rule and Processing a Sales Rule .