SAP ABAP Data Element RETMXNTPROCPRTY (Name of Party Giving Notice)

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	RETMXNTPROCPRTY
Short Description	Name of Party Giving Notice

Data Type

Category of Dictionary Type	D	Domain
Type of Object Referenced		No Information
Domain / Name of Reference Type	RECAXMDESCRIPTION
Data Type	CHAR	Character String
Length	30
Decimal Places	0
Output Length	30
Value Table

Further Characteristics

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Parameter ID
Default Component name
Change document	☑
No Input History	☐
Basic direction is set to LTR	☐
No BIDI Filtering	☐

Field Label

	Length	Field Label
Short	10	GvngNotice
Medium	15	Notice Party
Long	20	Party Giving Notice
Heading	30	Name of Party Giving Notice

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	20020506
SAP Release Created in	110