Property

The property is the top level of the real estate master data – the estate as a whole. It carries the address, the client and the accounting assignment; all buildings and units hang below it.

What is this for?

• Record the estate with its address.
• Assign the client as a business partner.
• Define the management type and set up the accounting assignment via dimension and fiduciary account.

How to set it up

1. Create the property and assign code and name.
2. Record the address via street, zip code, city and country.
3. Assign the client (BP) and choose the management type.
4. Provide dimension and fiduciary account for accounting, then activate.

Fields of the form

Captions taken from the "NCS-Immo Property" form (table @NCSIMMOPROP).

Field	Meaning
Code	Unique key of the record.
Name	Name of the record.
Street	Street and number of the estate.
Zip code	Postal code.
City	City.
Country	Country.
Client (BP)	Client as a business partner in SAP.
Management type	Type of management, for example condominium or rental management.
Dimension	Dimension used for cost accounting.
Fiduciary account	Fiduciary account the payments run through.
Active	Enables the record. Only active records are evaluated.
Notes	Free text about the property.