On the SAP Easy Access screen, choose  Accounting Flexible Real Estate Management Contract Process Contract .

On the Real Estate Contract screen, enter your company code located in Italy, your real estate contract number, and choose Change.

The system generates a contract with an IRE Data tab page.

Navigate to the IRE Data tab page (only contracts with Italian company codes have this tab page), and choose the Documentation icon in the IRE Overview Data dialog box for an overview of the IRE tax functions.

To register the IRE tax in the system, enter data in the fields that are related to registration.

To calculate the IRE tax, select the Calculate IRE checkbox.

The system proposes the start date of the IRE calculation (IRE Start Date) to be the value from the Contract Start Date of the contract specified in the General Data with Fast Entry or Term tab page.

In the IRE Overview Data dialog box, the system generates the first IRE record automatically, according to the IRE Start Date. The IRE Start Date appears in the IRE Date field, and the contract status is set to B.

Enter the rental object code and the calculation type according to your contract.

Records to all subsequent IRE dates are then generated based on this calculation type, the contract end date, and the status.

If you buy your real estate object by taking over the tenants, then you consider this as a transfer of ownership, which has to be registered manually by the user in the Transfer of Ownership field with the Acquisition (A) value.

When during the validity of a contract a new tenant leases in the real estate object, you (as the landlord) do not have to terminate the contract and create a new one. Instead, you can transfer the contract to the new tenant (business partner) on the Partners tab page.

In this case, you need to assign the new business partner to the contract. The system then creates a new IRE record with status C (Transfer) and uses the validity of the new business partner as the date of the record.

The fixed IRE amount for the record is called from Customizing for Flexible Real Estate Management (RE-FX),  Country-Specific Settings Italy Tax Calculation for Italy Registration Tax (IRE) Maintain Time-Dependent Parameters .

Save your data.

To maintain IRE tax data for each contract status, proceed as follows:

Select a line in the IRE Overview Data dialog box.

In the Time-Dependent Data dialog box, enter the IRE date, the rental object code, the calculation type, and specify the At the Beginning of Contract value in the Status of Contract field. This value determines the calculation type of the subsequent records.

If necessary, select the Record Active checkbox to ensure that any subsequent changes to the IRE tax amount are not applied to your data.

The system automatically determines the main IRE tax code and tax amount displayed in the Tax Code field from the calculation type, contract status, and type of payment. You must maintain the additional IRE tax codes and tax amounts in the Tax Code 2 and Tax Code 3 fields manually.

Select the Summ (summary of IRE tax amount) checkbox if you want to add the tax amount of the relevant tax code or the register office value to the total amount of IRE tax that appears in the IRE Total Amount field.

Select the Payback checkbox if the tenant has to pay the amount back.

You can enter different payback percentages per tax code and for the register office charges after you selected the Payback checkbox of the relevant tax code or the register office. If you do not specify a percentage value for a tax code, the system uses the payback percentage you entered in the Customizing activity Maintain Time-Dependent Parameters as described in Customizing for Registration Tax (IRE) for the payback amount calculation of a given tax code.

You can edit any data relating to the register office charges only after you entered a registration date in the Registration Office Data group box.

The system can post the payback amounts only after you have activated the record. It also displays the payback amount in the IRE Payback Amount field.

For more information about using the cash-flow-based posting method to post IRE payback amounts, see Registration Tax (IRE) Payback Posting.

If you sell your real estate objects to a customer by keeping the tenants, you consider this as a transfer of ownership, which is handled as a notice with a dedicated reason of notice in the system. You must select a Reason for Notice you have set in Customizing and the system creates a new notice in the Term tab page.

The transfer of ownership is registered in the Transfer of Ownership field of the IRE master data automatically with the Retirement (R) value. In this case, the system creates one IRE record for the date of the notice with the Status of Contract: C (Transfer) with entry R in the Transfer of Ownership field in the overview table.

In case of noticing a contract without transfer of ownership (the Reason for Notice is not defined for a transfer of ownership), the system creates an additional IRE record for the noticed year with the Status of Contract: N (Noticed) and a fix amount specified during Customizing.

Save your entries.