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Meter Based consumption billing in REFX

Hello :

We have a scenario at our client. Tenants has to pay chilled water consumption charges to the company. Bills for this are generated every month based on the unit consumed into a fixed rate every month. Separate meters are installed in every rental units to record monthly consumption of chilled water. I have configured service charge settlement based on the link Service Charge Settlement - Flexible Real Estate Management (RE-FX) - SAP Library .I am doing the following process to charge this chilled water cost to the tenant.

  1. Created a rental object with a measurement type stating the number of units consumed.
  2. Created a participation group and assigned above rental object to it
  3. Created a settlement unit with the specifications of Participation group in it
  4. Created a contract against rental object with a condition type relevant to SCS
  5. Executed SCS t but got error message that no settlement unit selected, i have given settlement unit as indicated in the screen shot.

Please suggest if i am following a correct process. My aim is to be able to generated bill to the tenant through SCS process based on the meter reading done for a particular rental object in a particular month. I have read about PM process to record readings against meter but i am not sure how to execute this process . Your help will be much appreciated.

Thanks

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5 Answers

  • Best Answer
    Posted on Jan 11, 2016 at 09:35 AM

    Hi Atif,

    In the meter tab of RO, first create measuring point.

    Using T-code IK11, create two measurement documents for your RO.

    Now try your SCS.

    Regards,

    Amar

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    • Hello Efrain,

      There is no need a specific value. It will settled the amount.

      If you enter an amount in the condition, it will be the maximum amount to be settled.

      for example, 600 usd is occured as a result of settlement calculation.

      If it is entered 500 usd as a condition amount based on month, settled amount will be 500 usd. Else calculation amount 600 will be settled.

  • Posted on Mar 07, 2016 at 01:17 PM

    Hi Atif,

    Are you still searching for the solution. Finally I got time to simulate it in sandbox.

    Share your e-mail id, I will send the configuration document to achieve it.

    Regards,

    Amar

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  • author's profile photo Former Member
    Former Member
    Posted on Jan 10, 2016 at 08:14 PM

    Hello Atif,

    For Service Charge Key Z001 what have you configured?

    Kind regards,

    Saul

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  • Posted on Jan 11, 2016 at 08:22 AM

    Hello Atif,

    Did you customize expense account which is going to be settled ?

    And also, is that account has balance with settlement unit assignment in expense accounts real estate account assignments ?

    By the way, as long as i understood your settlement is based on meter, if there is not specific requirement on measurement, instead of measurement type, you can create a charasteristic for meter and create meter document.

    Bahri Sertan Alkan

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  • Posted on Jul 20, 2016 at 12:50 PM

    I believe you will have an amount to charge tenants. Have you considered One time posting RERAOP, with reference to SCS. That works very well. Upload all the values to be charged and it will be part of SCS.

    Regards

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