SAP Real Estate notes in TechBays Community

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Rent Adjustment by CPI

SAP Real Estate module features a function that adjust rent by Consumer Price Index. Based on a corresponding index, the new rental fee is adjusted with reference to an identified rent-index ratio.

For example, based on the attached index, if the rent on April 2000 is $1,000, the adjusted rent on April 2007 would be about $1,207. That is, if the index rate 178.7 corresponds to rent of $1,000, then index rate 215.8 should correspond to rental rate of $1,207.

The Bureau of Labor Statistics updates CPI data here. As per this website, the November 2007 CPI data are scheduled to be released on December 14, 2007.

AC295: Flexible Real Estate Management

Current 2008 schedule of this course is outlined here. January in Atlanta GA, March in Dallas TX, and May in Philadelphia PA.

I have conducted this course October of this year at the Newtown Square campus.

The Chicago conference on SAP Real Estate Management on October 16-18, 2007 featured presenters including Jay Irwin, Christian Kraemer, Kay Werner, Heike Fiedler-Phelps, among others. Click on the photo on the right to go to reference site with PDF documents.

VTA River Oaks Business Entity

I have created a Gmapped business entity for VTA River Oaks Admin and Ops. The object contains land and buildings. Only a link can be generated; the mapplet cannot be embedded.

SAP Community Network

Visit SAP Community Network to check for the latest on the following groups:

• SAP Developer Network
• Business Process Experts
• SAP Forums
• SAP Wiki
• SAP Blogs
• and other stuff

SAP Real Estate Management Value and Process Innovation 2007

From SAP Info:

SAP AG announced accelerated customer adoption and innovative new processes for SAP Real Estate Management, a full-featured application for managing all types of real estate.

Companies in 40 countries across more than 20 industries − including Copenhagen Airports; Forest City Enterprises, a U.S.-based real estate company; Halliburton, a provider of products and services to the energy industry and NATS, the United Kingdom’s leading provider of air traffic management − use the application to gain better control and analysis of their real estate portfolios.

SAP customers will demonstrate the benefits they are gaining from the deployment of the application at the International SAP Real Estate Management Conference in Barcelona, Spain, September 17 – 19 and the Americas’ SAP Real Estate Management Conference in Chicago, Illinois, October 16 – 18. At the conferences, SAP experts, partners and customers will discuss and demonstrate how SAP Real Estate Management helps corporate, commercial and public real estate managers to achieve transparency, streamline their business processes and support investment strategies.

Recently, SAP announced the availability of the second enhancement package for SAP ERP which includes innovations in SAP Real Estate Management (see July 31, 2007 press release). This new functionality supports additional corporate real estate scenarios such as simplified management of space, rooms, moves and service charge settlements, as well as improved support for lease management in multiple currencies.

What is SAP?

• The official SAP site
• From Wikipedia