SAP RE-FX Training (Flexible Real Estate Management)
SAP RE-FX training teaches you to manage owned and leased property in SAP S/4HANA.
- 35 hours
- Intermediate
- Live online
What is SAP RE-FX Training (Flexible Real Estate Management)?
SAP RE-FX training teaches you to manage owned and leased property in SAP S/4HANA. You cover the architectural and usage views of a portfolio, business entities, buildings, land and rental objects, lease-out and lease-in contracts, conditions and the periodic posting run, service charge settlement, sales-based and index-based rent adjustment, IFRS 16 and lease accounting valuation, and the integration with FI, CO and asset accounting.
What you get
- Model an estate with architectural and usage views
- Configure lease-out contracts with conditions and terms
- Set up lease-in contracts with IFRS 16 valuation
- Run periodic postings and reconcile to the general ledger
Who this course is for
New to the field
- Property and facilities professionals moving into SAP
- FI consultants adding real estate
- Lease accounting specialists after IFRS 16
Working professionals
- Consultants at retailers or banks with large estates
- Public sector and university estates teams
- Anyone supporting an existing RE-FX implementation
Prerequisites
- SAP FI knowledge is important.
- Property, facilities or lease accounting experience is a strong advantage.
What you will be able to do
- Model an estate with architectural and usage views
- Configure lease-out contracts with conditions and terms
- Set up lease-in contracts with IFRS 16 valuation
- Run periodic postings and reconcile to the general ledger
- Configure and execute service charge settlement
- Run index-based and sales-based rent adjustment
- Report on occupancy, cash flow and lease obligations
Salary range
- India
- 8-26 LPA
- United States
- 105k-150k
Market ranges for SAP RE-FX Consultant, not a guarantee. Actual pay depends on experience, location and employer.
Curriculum
RE-FX foundations and master data
Model the estate before you contract on it.
- RE-FX versus classic real estate management
- Architectural view: land, building, rental space
- Usage view: business entity and rental object
- Rental object types and pooled spaces
- Measurements and their use in settlement
- Business partner roles in real estate
- Organisational assignment to company code and profit centre
- Master data governance for a large estate
Lease-out contracts
Rent space out and bill it correctly.
- Contract types and their configuration
- Contract structure: objects, partners, terms
- Conditions: rent, service charge, deposit
- Condition types and calculation formulas
- Terms: notice, renewal, option rights
- Deposits and guarantees
- Contract change and renewal handling
- Contract termination and final settlement
Lease-in contracts and IFRS 16
Account for the leases you take, under current standards.
- Lease-in contract configuration
- Right of use asset creation
- IFRS 16 valuation principles in RE-FX
- Discount rates and valuation rules
- Valuation runs and postings
- Modification and reassessment handling
- Short-term and low-value exemptions
- Disclosure reporting for leases
Periodic postings and accounting
Get rent and charges into the ledger every month without drama.
- Periodic posting run configuration
- Cash flow and condition due dates
- Accrual and deferral handling
- Account determination in RE-FX
- Integration with accounts receivable and payable
- Integration with CO and profit centres
- Asset accounting for owned property
- Reconciliation of RE-FX to the general ledger
Service charge settlement
Recover operating cost from tenants defensibly.
- Service charge keys and groups
- Settlement units and participation
- Cost collection from FI and CO
- Apportionment rules and measurements
- Settlement run and results
- Advance payments versus flat rates
- Tenant settlement statements
- Disputes and resettlement
Rent adjustment and sales-based rent
Keep rent current as markets and turnover move.
- Adjustment methods overview
- Index-based adjustment and index series
- Comparative rent and expert opinion methods
- Free adjustment and cost-based methods
- Adjustment run and approval
- Sales-based rent reporting and calculation
- Minimum and maximum rent handling
- Retail specifics for turnover rent
Reporting, correspondence and operations
Run the portfolio and report on it.
- Standard RE-FX reports and information system
- Occupancy and vacancy reporting
- Contract and cash flow reporting
- Fiori apps for real estate
- Correspondence and print workbench basics
- Archiving and document management
- Authorisation design for property teams
- Common production issues in RE-FX
Projects you will build
Estate and contract build
Create a business entity with buildings and rental objects, then set up a lease-out contract with rent, service charge and deposit conditions.
Service charge settlement
Collect operating costs, configure settlement units and apportionment, run settlement and produce a tenant statement.
IFRS 16 lease-in scenario
Create a lease-in contract, run valuation, post the right of use asset and liability, then process a modification and explain the impact.
Tools you will use
- Real estate navigator
- The main entry point for master data and contracts across the portfolio.
- Contract processing
- Lease-out and lease-in contracts, conditions, terms and cash flow.
- Periodic posting run
- The monthly job that turns conditions into accounting documents.
- Service charge settlement
- Settlement units, apportionment and tenant statements.
- Adjustment run
- Index, comparative and sales-based rent adjustment processing.
- RE-FX information system
- Standard reporting on contracts, occupancy and cash flow.
Certification
- Exam
- No current SAP associate exam dedicated to RE-FX. We prepare you against SAP's RE-FX learning content and the S/4HANA Financial Accounting exam as the nearest credential.
What learners say
Service charge settlement is genuinely difficult and this is the first material that made the apportionment logic clear.
We implemented RE-FX for IFRS 16 and I needed to understand the valuation runs. The lease-in module was exactly right.
A useful specialisation. Few consultants know RE-FX, and retail clients keep asking for it.
Fees and training modes
Choose how you want to learn. No-cost EMI is available on the live and 1-to-1 modes.
Most popular
Live Online Training
Talk to us
Contact for current batch fee
Interactive live batches, weekday or weekend, with the full cohort and lifetime recordings.
Fastest
1-to-1 Training
₹49,000
Fixed for every course, no-cost EMI
Private one-on-one coaching at a pace and schedule you set.
Affordable
Self-paced Training
₹9,000
One-time fee, lowest-cost option
Learn on your own time with recorded sessions and the same materials.
Refunds and cancellations are covered in our refund policy.
What a day looks like
- Posting run
- Checking the periodic posting completed and investigating contracts that failed, usually an account determination or a missing condition.
- Settlement season
- Service charge settlement is a defined annual crunch, with cost allocation questions from tenants.
- Contract changes
- New leases, renewals and terminations, each with cash flow and accounting consequences.
- Lease accounting
- IFRS 16 valuation queries from group finance, particularly around modifications.
- Reporting requests
- Occupancy, vacancy and commitment reports for the property or finance leadership.
Training a team?
We run this course as private corporate training, tailored to your systems and scheduled around your team. Tell us your group size and what you need to cover.
Request a corporate quoteFrequently asked questions
Is there a certification for RE-FX?
Do I need FI knowledge first?
Does RE-FX handle IFRS 16?
Is RE-FX still supported in S/4HANA?
Who actually uses RE-FX?
Is there hands-on access?
Ready to start?
Talk to us about batch dates, the syllabus or anything else.