Problem: How to record
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property
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purchase in case if the company
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purchases real estate as part of its investment?
Solution: Use Land and Building settings to purchase property.
1. Operations with Land and Buildings are available if option in General Settings is enabled (Accounting > Master Data > Land and Buildings):
2. Go to Accounting > Master Data > Land and Building to create a new object:
Add Description and required Information:
Please edit GL Accounts as shown here 7.1.4.1. Land and Buildings. GL Accounts
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