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
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
About the Author:
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.
