LOCATION CLASS title: location class (RE) (SAP Library - Glossary)
LOCATION CLASS category: Real Estate Management (RE)
LOCATION CLASS explained:
Categorization of the rental object location according to a representative list of rents.
The location class defines the desirability of the location for a rent adjustment using a representative list of rents. The criteria for categorizing comparable apartments (such as, transportation connections, infrastucture, parks and recreational areas) are usually in the text of the representative list of rents.
The location class can be:
Simple Medium Good ExcellentMore terms such as location class in Dictionary L.
- Manual Line Item Report:
- Help A list of line items, such as those selected by the user for a cost center group and cost element group location class definition.
- Manual Line Of Business:
- Help area in a company (division) which combines all responsibilities for a particular product or group. Risks of a similar nature are grouped together in a line of business and, in an insurance context location class explain.
- Manual Local Purchase Order:
- Help A purchase order that is both created and saved in the Enterprise Buyer system location class what is.
- Manual Linked Equipment:
- Help equipment that is linked with another piece of equipment during object networking. Example: Pump 1 and Pump 2 are connected by a pipe. The pumps and the pipe are represented in the system as pieces location class meaning.
- Manual Logistical Variant:
- Help generic material for a specific unit of measure. These variants make it possible to manage separate stocks for different units of measure. You can assign alternative units of measure to a logistical location class abbreviation.
