I am new to REFX and currently I am configuring service charge settlement to distribute common area maintenance charges to the tenants based on the area they occupy. The client wants this distribution at contract level. I have followed the below process
1.Created Rental object
2.Created Participation group and settlement unit
3.Created service contract for vendor and lease out contract for tenant
4.Generated the cost collector for the current settlement period
5.Posted vendor invoice using FB60
In the settlement document all the cost related documents are showing value as zero and I could not find the cost against the tenant contracts.
Kindly let me know whether the process I am following is correct or please let me know of the steps to execute the settlement.
Also, is there any possibility to post vendor invoice without using FB60 as the client wants to post it against an invoice.
Awaiting your guidance.