Real Estate Portfolio Management / Lease Administration / Lease Portfolio / Extension for Lease Accounting

Defining Buildings for which you Track Leases

Before you can track your real property leases, you must define the buildings to which they apply.

Uses the Real Estate Portfolio Management / Portfolio Management / Background Data / Define Locations task to enter building information. For details, see Defining Locations (Sites, Buildings, Floors.

Be sure to complete:

Building Code
Building Age
Date Built
Building Value -- Enter the fair market value of the building only; do not include the value of the land on which it is located.