on 10-01-2020 10:17 AM
Hi ALL,
Currently our client are using Essentials of S/4 HANA Cloud and they're thinking of activating new function for Real Estate Management such as Lease-In Accounting (1T6).
However, since the scope ids related to RE available in Essentials are limited, so I'm thinking of activating new SaaS product : SAP Cloud for Real Estate to meet client's request.
Upon investigating the product, I have following questions, so kindly advise if you have any knowledge.
1) The differences between RE function available in Essentials and that of SAP Cloud for Real Estate
I'd like to know what can / can't do in Essentials. In my understanding, only leasing in / out management are available in Essentials while unable to maintain revenue management such as manage condo fee.
2) RE related master available in Essentials and SAP Cloud for Real Estate
To meet requirement by client, we need to maintain RE related master data such as Land, Building and Rental Space.
Are those RE master data available both in Essentials and SAP Cloud for Real Estate?
Thank you and best regards,
Yuki
Hello Yuki,
Thank you for your question. The contract and lease management functionality within SAP S/4HANA Cloud, essentials edition covers the following processes:
SAP S/4HANA Cloud, contract and lease management, essentials edition currently supports these processes purely from a leasing perspective and not as a real estate management solution. This means that real estate objects like buildings, land and sites that are available in S/4HANA on premise and extended editions are not available in SAP S/4HANA Cloud essentials edition and the solution currently does not support commercial real estate leasing.
SAP Cloud for Real Estate is designed to support corporate real estate processes such as tracking the real estate portfolio and assigning individuals and teams to workspaces. Contracts created in S/4HANA Cloud, essentials edition may be assigned to a building/land/space within SAP Cloud for Real Estate for reference but that space may not be assigned to a contract to support vacancy/occupancy reporting required for commercial real estate management and is only for reference and simplified user access.
I hope this answers your question.
Tom Anderson
You must be a registered user to add a comment. If you've already registered, sign in. Otherwise, register and sign in.
Hello Tom,
Thank you so much for your detailed answers.
Upon checking your comment, I understand currently Real Estate Management solution isn't supported in S4HANA Cloud Essentials edition.
And regarding the integration between Essentials and SAP Cloud for Real Estate, it is not supported the integration from SAP Cloud for Real Estate TO Essentials for Real Estate function and related RE master such as land, building and space?
Which means it's only way to access SAP Cloud for Real Estate to see RE master and RE related application and unable to see these information out of Essentials even though I purchased the license of SAP Cloud for Real Estate and integrated it to Essentials?
Thank you and best regards,
Yuki
User | Count |
---|---|
6 | |
5 | |
2 | |
1 | |
1 | |
1 | |
1 | |
1 | |
1 | |
1 |
You must be a registered user to add a comment. If you've already registered, sign in. Otherwise, register and sign in.