With the Budgeting module you may capture land costs with land agreements or by creating "field groups" for land costs within the budget. We recommend using land agreements because it gives you a way to track actual payments while field groups don't. Land agreements also give you tools for tracking and managing your land agreements.
This article explains how to create a land agreement.
Step 1: Create New Land Agreement
Click the "New Land Agreement" button and select Cash Rent
Name your land agreement
Select a land owner (if you don't see the land owner you can add one here)
Select a category - if there are no existing categories you can create a new category here. Typically this would be a direct or indirect expense.
Fill in Lease Details
Payment Rate - you have 3 options for this payment rate. If you are paying a flat rate per acre for all your fields, select "same rate for all". If you will pay a different rate for individual fields, then select "different rate for all". If you will pay a flat rate then select "Lease Total".
Once you have filled in your information, add fields.
This will automatically fill in the field acres and contract acres, but you can edit in the fields drop down if the acres on your lease are not an exact match for the information you have in Conservis.
Payment Dates
Schedule
Attachments
Once you have created your land agreements, visit the Budgeting Wizard article for instructions on creating a budget.
If you have special scenarios that don't fit, reach out to Customer Success for guidance on how to include this in your account.