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Jun 28, 2020 at 08:59 AM

Adjust RoU to align with actual payment of rent - Flexible Real Estate

50 Views Last edit Aug 21, 2020 at 12:56 PM 2 rev



I trying to find a way to adjust the RoU from an over payment due to an overlapping period during migration. The scenario is as follows:

The contract was migrated from an external application and payment has already been remitted up until 20 October 2019.

The contract attributes in SAP REFX as follows:

Contract start 01.07.2019 (12mths term, 3months Notice from both parties, no Renewal option)

First posting from 01.09.2019

Standard posting parameters: monthly frequency, exact days, in advance.

Conditions:Recurring rent from 01.07.2019 for $1800

Payments have been remitted monthly in SAP from 01.07.2019. Therefore there is an overlapping payment of 20 days for October 2019.

So I would like to find out how do I adjust this 20 days over payment from the final payment to the vendor instead of having it consider in the next (upcoming) payment?