After completing this unit, you will be able to:

• Examine the basics of a contract and understand the different contract management processes
• Explain the different contract objects in the context of SAP Real Estate Management

After completing this unit, you will be able to:

• Contrast the different contract types
• Outline the main attributes of a contract

After completing this unit, you will be able to:

• Explain the creation of contracts for various contract types
• Allocate contract partners to a contract
• Maintain contract objects in a contract
• Maintain contract conditions in a contract
• Assign contract terms to a contract

After completing this unit, you will be able to:

• Explain contract conditions
• Assign conditions and their frequency to the contract
• Define posting parameters for a contract
• Describe relationship between conditions, posting parameter and frequency of a contract
• Explain the effect of contract conditions in periodic posting processes

After completing this unit, you will be able to:

• Explain the usage and benefits of the information system
• Describe the usage and benefits of SAP Embedded Analytics