Use

You can use this function to adjust contract conditions or rental object conditions on the basis of representative list of rents. The system calculates a comparative rent here.

Prerequisites

Customizing:

You have defined the representative list of rents as an adjustment rule in Customizing and have made all the necessary settings for the adjustment rule in the same section:

SAP Customizing Implementation Guide → Flexible Real Estate Management (Enterprise Extension) → Adjustment of Conditions → Adjustment Rules - Cross-Method → Define Adjustment Rules.

       2.      Also make all settings you need for the representative list of rents in all IMG activities in the Representative List of Rents section:

SAP Customizing Implementation Guide → Flexible Real Estate Management (Enterprise Extension) → Adjustment of Conditions → Representative List of Rents.

If you want to use special calculations in condition adjustments, you can define adjustment control using a formula editor. For more information on this, see the IMG activity Make Own Changes to Standard Calculation Rules for Adjustment using the same path as above.

For more information on the Customizing settings, see the IMG documentation using the same path.

Master Data:

You have specified and assigned appropriate conditions and the adjustment rule in the contracts and rental objects.

For more information, see http://help.sap.com/saphelp_47x200/helpdata/de/94/91318eb19fe146ae1537905d5077c3/content.htmDefining the Adjustment Process in the Contract/Rental Object

You have assigned the representative list of rents in the business entity (see Processing Business Entities , Reference Factors tab ).

You have specified or valuated all the characteristics that are relevant for the representative list of rents, for example, construction year, residential location, and fixtures and fittings characteristics on the rental objects and buildings (see Processing Rental Units and Processing Buildings ).

Features

For this method, you enter the set of rules used for determining comparative rent using a representative list of rents. You do this for each required representative list of rents in Customizing. Normally the representative list of rents is provided by the city in which the given apartment is located. The representative list of rents can be extremely different from city to city, not only in its values but also in its structure. Therefore, customer exits and extensive control tables are provided so that you can modify and expand on the method. Normally the following attributes of the rental object are used in the calculations of the representative list of rents:

Size

Location

Building age

Fixtures and fittings category

Fixtures and fittings characteristics (these can also be given points as scores, if the representative list of rents allows this)

Standard System:

You can execute the following functions with the standard adjustment:

Specify rent value guide range

Specify rent value guide depending on construction year

Specify the total points of a characteristic category and divide by a specific factor

But the standard adjustment cannot interpret the result in points. You can define the following in Customizing in a control table for this:

Conditions and actions dependent on these conditions with special logging

Provision of adjustment interim results as occupied variables

Change the interim or overall results

For more information on the control table, see the documentation in the Implementation Guide (see Prerequisites point 3).

Activities

To make a standard adjustment, on the SAP Easy Access screen, choose

Accounting → Flexible Real Estate Management → Adjustment of Conditions → Specify Adjustments or Edit Adjustments .

For more information, see Specifying and Editing Adjustments .

Example Essen’s Representative List of Rents

This is an example. The values of the representative list of rents and the calculation do not necessarily match Essen’s representative list of rents. Use the adjustment control to change the calculation (see Prerequisites, point 3.)

You can specify or valuate all characteristics that are relevant for the representative list of rents and assign the representative list of rents when you process the rental object depending on the Customizing settings. The system reads these characteristic values during an adjustment run of the condition that is assigned to this rental object (using a contract if necessary). The system determines a rent per area unit which multiplied by the area gives the comparative rent for this rental object.

The rent per area unit is calculated as follows:

Rent = (rental guide value dependent on construction year)

* (influence of residential location)

* (influence of fixtures and fittings + other influences)