1 (edited by raziz13 05/08/2018 06:30:56 pm)

Topic: How to add Land as fixed assets

How can I add land as a fixed assets where there is more than one seller for a particular land? How can I handle a situation when I payment some advance for that land property, and most of the payment is due?

And Another thing the land asset need more information like deed no, area no something like this, can I add extra field for that?

Re: How to add Land as fixed assets

Make each land purchase a separate asset if a different seller is involved and / or individual payments are made to different persons. All land particulars can be attached as documents to the transaction and listed summarily in the memo fields accordingly.