SAP ABAP Data Element RETMNTPROCPRTY (Party Giving Notice in Notice Procedure)
Hierarchy
EA-FIN (Software Component) EA-FIN
   RE-FX-CN (Application Component) Real Estate Contract
     RE_TM_PE (Package) RE: Terms - Period (Terms for Term)
Basic Data
Data Element RETMNTPROCPRTY
Short Description Party Giving Notice in Notice Procedure  
Data Type
Category of Dictionary Type D   Domain
Type of Object Referenced     No Information
Domain / Name of Reference Type RETMNTPROCPRTY    
Data Type CHAR   Character String 
Length 1    
Decimal Places 0    
Output Length 1    
Value Table      
Further Characteristics
Search Help: Name    
Search Help: Parameters    
Parameter ID   
Default Component name NOTICE_PARTY   
Change document    
No Input History    
Basic direction is set to LTR    
No BIDI Filtering    
Field Label
  Length  Field Label  
Short 10 GvngNotice 
Medium 15 Giving Notice 
Long 20 Party Giving Notice 
Heading Party 
Documentation

Use

When entering a notice procedure, you specify the contractual party for which the notice rules apply.

The allowed values are:

  • Contractor
  • Contractee
  • Both (applies to contractor and contractee equally)

The system derives which contractual partner in a given contract is the contractee or contractor using the offerer/user field in the contract type.

Dependencies

Example

Example 1 for a Notice Procedure

Notice rule 3 Months at End of Month applies for both contracting parties.

Notice Rule    Contracting Party

3 Months at End of Month    Both

Example 2 for a Notice Procedure

In residential rental, different notice periods apply for the tenant and landlord. Therefore, two different notice rules, Residential Tenant and Residental Landlord are defined and combined in a notice procedure.

Notice Rule    Contracting Party

Residential Tenant    Contractee

Residential Landlord    Contractor

History
Last changed by/on SAP  20040819 
SAP Release Created in 110