Periodic Posting: Contracts
Application component: Rental Accounting
App type: SAP GUI
Scope items: Lease-Out Accounting|Service Contract|Lease-In Accounting|Lease-In Accounting - Group Ledger IFRS|Lease-Out for Sublease Accounting - Group Ledger IFRS|Lease-Out for Sublease Accounting
Description:   Using the Periodic Posting for Real Estate Contract function, you post the accounting flows resulting from the conditions while taking account of the contract type. The result is that the planned records generated in the cash floware posted as condition amounts to the assigned accounts of the contractual partner or transferred to other real estate objects.  Note  For more information on conditions in the real estate contract, see Defining and Assigning Conditions and Flows .  
Key features:  Cash Flow of Real Estate Contract   If conditions are defined in the contract, the system generates a cash flow. This cash flow updates monthly planned records for the postings of each condition type for the number of years specified in Customizing. These planned records are identified by a P . If incoming payments have been received, these records are identified by an I, for actual records.   The partner-related cash flow results from the conditions of the real estate contract. If distributions to usage objects are also planned, then there is also an object cash flow that results from the conditions of the real estate contract. Periodic Posting   Periodic posting is made for a company code or codes. You can simulate and reverse posting runs. A posting and error log displays current information about the posting status.  You can also use the type of posting run to specify whether amounts are transferred to rental objects or other real estate objects based on the settings in the contract.  For more information, see Periodic Posting .  Account Determination   Account determination takes place based on your settings in Customizing or with the account determination value assigned to the contract.  You can choose different parameters for account determination in Customizing:  The system derives the flow type from the conditions of the real estate contract.  The account determination value is predefined in Customizing. You enter the account determination value directly in the master data of the contracts involved.  This enables you to have different account determination in each contract (time-dependent and by condition).  Document Summarization   If you made the necessary Customizing settings (see Summarization of Line Items and Tax Lines ), then the system summarizes certain line items for the posting.  Multilevel Tax Code   Posting terms of conditions can contain multilevel tax codesfor input tax. If that is the case, the system distributes the tax amount fully or in part to the defined expense or revenue items when you perform periodic posting.  Note  For more information, see Multilevel Tax Code in Periodic Postings .  
Business roles: Accounts Payable Accountant - Leasing| Accounts Receivable Accountant - Leasing| Cost Accountant - Real Estate
Accounts Receivable Accountant - Leasing: (is an add-on role to the Accounts Receivable Accountant)
Is responsible for posting activities of Lease Contracts.

Cost Accountant - Real Estate : 
Oversees revenue and expense postings done for contracts in Real Estate to cost objects like cost centers.

Accounts Payable Accountant - Leasing: (is an add-on role to the Accounts Payable Accountant)
Is responsible for posting activities of Lease Contracts.