In return for the management of real estate objects on behalf of the owners, the manager receives a corresponding fee.
You use this function to settle periodic fee types.
Only fee types of active management contracts are taken into account.
Periodic fee receivables are posted:
As revenues from the management activities and are entered in the manager’s balance sheet
As costs on the Real Estate objects concerned
Account determination
You can set two parameters for the account determination in the Real Estate Customizing:
Flow type
deduced from the conditions in a management contract
Account determination key 2
must be maintained directly in the master data of the rental units and agreements concerned
Advantage: A different account determination control is possible for each management contract.