Accounting

  • Jayant Daithankar
Chapter

Abstract

We saw in an earlier chapter that real estate contracts are formed between two parties, where the lessor is the legal owner of the asset and provides the lessee the right to use the asset for consideration, which is a rental payment. The contract is an agreement entered into by both parties and covers details like property, term, rental amount, terms, and conditions. The SAP REFX module provides various tabs in which to capture these details at the time of contract creation. It also updates accounting data once periodic postings are carried out.

Keywords

Real Estate Cash Flow Status Accounting Periodic Posting Master Data 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

Copyright information

© Jayant Daithankar 2016

Authors and Affiliations

  • Jayant Daithankar
    • 1
  1. 1.A-303 Walia ApartmentGoregaon East, MumbaiIndia

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