Turnover rental settlement
Turnover rental settlement is one of the unique capabilities of the SAP system. The scope of this functionality includes not only execution of the settlement, but also simulation, continuation, correction and cancellation.
The property lease agreement should include a clause on turnover dependent rent. The precise calculation of the amount of rent that the commercial tenant is obliged to pay is based on the turnover obtained and the percentage value included in the lease agreement. The functioning of the SAP component in the scope of settlement of the rent from turnover is possible only after entering the following data:
- total turnover or with division into assortment,
- the contractually agreed percentage of net revenue,
- frequency of settlement of rent from turnover (monthly, semi-annually, quarterly, annually).
Turnover rental settlement includes information about over or underpayment for the settlement period, which is determined by the terms of the lease. It shall be recorded in the company’s financial accounts. In addition, the SAP system allows for the introduction of a cumulative settlement from turnover, thanks to which only after a certain time the tenant will have to bear additional costs. SAP also generates correspondence related to the turnover rental settlement, including e.g. details of this settlement and reminders about missing turnover information from the tenant.
Consilios IT conducted a comprehensive implementation of this SAP functionality. The service provided by our team included a review of business assumptions and system requirements, as well as migration of data concerning all the conducted turnover rental settlements. We also conducted user training.
See our other services
SAP Real Estate Management (RE-FX)
SAP offers RE-FX module, which comprehensively manages real estate, taking into account all business transactions related to this process. Implementation of this module facilitates the cooperation of interested parties, i.e. tenants, administrators and providers of various services.
Interface to fiscal data changes in SAP RE-FX
Consilios IT is constantly expanding its offer with new proprietary solutions that improve the efficiency of the company.
SAP RE-FX data transport
The implementation of SAP RE-FX and creation of its numerous extensions tailored to market needs are the basic services offered by Consilios IT.
Settlement of service charges in SAP RE-FX
The settlement of service charges is one of the most important functions of the SAP system in the area of real estate management. It is a function that must be adjusted to all business processes taking place in the company.
SAP RE-FX system data migration
Consilios IT company carries out a comprehensive service of the SAP RE-FX system – from implementation, through updates and maintenance activities, to planning and executing data migration from all areas of property management.
Turnover rental settlement
Turnover rental settlement is one of the unique capabilities of the SAP system. The scope of this functionality includes not only execution of the settlement, but also simulation, continuation, correction and cancellation.
eInvoice from SAP
We offer you a professional solution for SAP ERP that enables to exchange e-Invoices securely between your business partners and send them to the offices.
Consilios IT was established in 2011. Our services are primarily focused on consulting and programming in SAP. Since the beginning of the company's existence, we have specialized in implementing the following SAP modules: RE-FX (Flexible Real Estate Management), FI (accounting), document management, closed-end investment fund management.
Address
Consilios IT sp. z o.o.
ul. Glogowska 31/33
60-702 Poznań
NIP: 779-239-93-68
Opening hours
Monday - Friday: 8-18