Learn SAP's real estate management integrated solution to effectively manage the real estate portfolio at your organization. You will configure SAP REFX for business scenarios covering solutions from master data to financial posting and reporting. You will address all phases of the real estate life cycle, including real estate acquisition or disposal, portfolio management, and property and technical management.
To succeed in today's global and highly competitive economy, asset optimization in real estate management has become a strategic task. Organizations need to ensure insight into their property portfolio to make informed decisions, improve portfolio performance, and reduce compliance costs. Sophisticated solutions are needed to manage changing consumer demands and the global workforce as well as information management, compliance adherence, and leasing and property management.
SAP Flexible Real Estate Management by Daithankar is a full-featured book that integrates REFX with Controlling (CO), Plant and Maintenance (PM), CRM, SAP AA (ssset accounting), and SAP PS (project systems). You will refer to real-world, practical examples to illustrate configuration concepts and processes, and learn in an interactive, hands-on way through the use of screenshots, menu paths, and transaction codes throughout the book.
What You Will Learn:
Understand the SAP REFX Solutions landscape and industry best practices for SAP REFX implementation Configure SAP REFX Integrate REFX with other modules Understand how processes are supported by SAP REFX Who This Book Is For:
CIOs/CEOs of organizations with real estate portfolios, SAP REFX purchasing decision makers, SAP REFX pre-sales teams, SAP REFX implementation/AMS consultants
Country of Publication:
Professional and scholarly
Table of Contents Chapter 1: Overview of Real estate Industry, Evolution of industry, trends Chapter Goal: Provide Brief overview of Real estate business, IT challenges and need of strong and integrated business solution Chapter will give the details of why Real estate business needs a comprehensive IT solution and benefits of implementing REFX . Sub -Topics Overview, evolution of Industry, Trends, IT Landscapes Management of real estate, Space management Challenges with existing available solutions Need of integrated ERP solution Chapter 2: Master data Objects Chapter Goal: Elaborate master data concepts and different Real estate views provided by SAP .This chapter teaches you how to configure master data. Sub - Topics: Architectural View/Usage view Business Entity Land/Building Rental Object a) Pooled space b) Rental Space c) Rental Unit Business Partner and their roles Chapter 3: Real Estate Contracts Chapter Goal: Explain different types of Real estate contracts, Carry out and explain the c ontract management, describe the necessary steps in contract management Sub - Topics: Overview, Term, Security deposit agreements Critical dates with Reason Lease In contracts Lease Out contracts Chapter 4: Accounting Chapter Goal: Explain account determination and process of periodic posting .This chapter teaches you how to configure accounting in REFX implementation Sub - Topics: Periodic Posting of Contracts Vacancy for Rental Objects Reversal of Periodic posting of contracts Accrual/Deferral postings Account Determination Chapter 5: Business Integration Chapter Goal: Explain how SAP REFX is integrated with SAP Asset Accounting, SAP Plant and Maintenance ,SAP Project systems ,SAP CRM and Document Management systems Sub - Topics: Integration with Asset Accounting Integration with PM, PS and CRM Integration with DMS Integration of CAD and GIS Chapter 6: Service Charge Settlement Chapter Goal: Explain the service charge settlement process, factors influencing i t and describe the posting procedures. Sub - Topics: Infrastructure of service charge settlement Posting of allocable cost Execution of service charge settlement Reversal of Periodic posting of contracts Posting procedures Chapter 7: Sales based contracts Chapter Goal: Explain options available for Sales based contracts, steps required to carry out sales based settlement, different options available. Sub - Topics: Business scenario Sales rule and reporting rule Settlement steps. Chapter 8: Industry best practices Chapter Goal: Explain Industry best practices for implementation/rollout and maintenance of SAP REFX, Team composition and skillset required, Competency building Sub - Topics: Best practices for implementation/Rollout Team composition and skill matrix required Competency building < Chapter 9: Transformation impact of SAP REFX implementation Chapter Goal: Explain transformation impact on business post REFX implementation and impact of new dimension products like S4 HANA, Big data, Mobility, analytics, social media on SAP REFX. Sub - Topics: Business transformation New dimension products Business case justification for Investment Chapter 10: Step by step guide for configuring and implementing SAP REFX This will provide a complete business scenario for REFX with step by step guide for configuring system. It also covers master data creation process in detail. Objective is to enable reader to configure REFX with the help of detailed screen shots and explanation provided.
Jayant Daithankar has more than 26 years of Industry and SAP experience with multiple implementations, and upgrade and consultancy engagements for global clients. He is a Certified SAP consultant for Finance and Controlling with strong domain experience in financial area with multiple professional qualifications to his credit. Jayant has senior level Industry experience in finance, business process re-engineering (BPR), and in the delivery of BPR in large ERP projects. His experience includes domestic and international business development, system integration, change management, strategic planning, RFPs, proof-of-concept management, governance process, system analysis, and application design of SAP processes for customer-specific requirements. He has done multiple implementations of SAP REFX for fortune 500 oil companies, international airport and retail companies. He is currently working as SAP Centre of Excellence Head for Business applications in global IT.