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 EA-FIN: Flexible Real Estate Management (RE-FX)

Flexible Real Estate Management (RE-FX) is a part of the Financials Extension (EA-FIN) business function.

Technical Data

Technical name of the business function

EA-FIN

Type of business function

Enterprise Extension

Documentation based on release

SAP ERP 6.0

SAP software component

EA-APPL

SAP application component

RE-FX

Note: Some country-specific functions are partly in other application components.

Business Intelligence content

SAP NetWeaver 7.0 BI Content Add-On3

Portal content

Not relevant

Additional content available in other SAP applications

Not relevant

Business function requiring activation in addition

Not relevant

Use

The Financials Extension (EA-FIN) business function contains all of the functions of the Flexible Real Estate Management (RE-FX) component. Using these functions, you can map all business transactions that are relevant for real estate management in a comprehensive, uniform interface.

Integration

If you want to use the functions of Contract Accounts Receivable and Payable (FI-CA) for customer postings (rather than FI-AR or FI-AP), you can use the integration to the Public Sector Contract Accounts Receivable and Payable(PS-CD) component by activating the Collections & Disbursement (PSCD) business function. This business function automatically activates the necessary program enhancements for the integration, along with the related standard Customizing. The prerequisite for activating this business function is that you already activated the EA-FIN business function.

If you also want to use the integration with Funds Management, then you also need to activate the Contract Accounts Payable and Receivable FM (FICA_FM) business function. The prerequisite for activating this business function is that you already activated the business function for Enterprise Extension Public Services (EA-PS).

Prerequisites

To be able to use the functions of Flexible Real Estate Management (RE-FX), in addition to activating the EA-FIN business function, you have to activate the Real Estate Extension in Customizing for Flexible Real Estate Management (RE-FX) . You also have to make other settings. Read the documentation Making Basic Settings in the SAP Library under Start of the navigation path SAP ERP Central Component Next navigation step Financials Next navigation step Flexible Real Estate Management (RE-FX). End of the navigation path

Note Note

When Flexible Real Estate Management (RE-FX) is activated, this automatically results in the deactivation of classic Real Estate Management (Classic RE). Running both of these solutions at the same time is not possible.

End of the note.

Features

This subfunction does not change any functions that are not contained in the EA-FIN business function.

Flexible Real Estate Management (RE-FX ) includes the following functions:

  • You can manage real estate.

  • You can manage all types of contracts related to real estate management, regardless of whether you are leasing out or leasing in objects, or if you are dealing with customer or vendor contracts (such as service and maintenance contracts).

  • Corporate real estate management, in handling rooms and spaces, takes account of unusual architectural structures, usage considerations, as well as technical amenities and features.

  • The credit-side view of the lease-in process lets you control cash flows to your landlord and the posting of rent expenses.

  • You can control real estate business processes, including asset-related postings and reporting.

  • The integration of Flexible Real Estate Management with Controlling (CO) enables you to perform CO functions, such as cost or revenue planning, on real estate objects, ensuring efficient management accounting for your real estate.

  • There are additional, country-specific functions for Germany, Switzerland, Austria, Italy, Japan and India. These functions meet legal requirements in the given country or cover specific business needs of the country. These functions can be used only if the country is activated in Customizing.

For more information, see the SAP Library under Start of the navigation path SAP ERP Central Component Next navigation step Financials Next navigation step Flexible Real Estate Management (RE-FX). End of the navigation path