Hello :
We have a scenario at our client. Tenants has to pay chilled water consumption charges to the company. Bills for this are generated every month based on the unit consumed into a fixed rate every month. Separate meters are installed in every rental units to record monthly consumption of chilled water. I have configured service charge settlement based on the link Service Charge Settlement - Flexible Real Estate Management (RE-FX) - SAP Library .I am doing the following process to charge this chilled water cost to the tenant.
- Created a rental object with a measurement type stating the number of units consumed.
- Created a participation group and assigned above rental object to it
- Created a settlement unit with the specifications of Participation group in it
- Created a contract against rental object with a condition type relevant to SCS
- Executed SCS t but got error message that no settlement unit selected, i have given settlement unit as indicated in the screen shot.
Please suggest if i am following a correct process. My aim is to be able to generated bill to the tenant through SCS process based on the meter reading done for a particular rental object in a particular month. I have read about PM process to record readings against meter but i am not sure how to execute this process . Your help will be much appreciated.
Thanks