Search found 1 match
- Fri Sep 05, 2025 2:12 pm
- Forum: Accounting
- Topic: Land Contract "Loan" - Invoice - Accounts Receivable
- Replies: 1
- Views: 45
Land Contract "Loan" - Invoice - Accounts Receivable
A non-profit has purchased the church building through a land contract, and we will hold the mortgage for 10 years. We didn’t loan the money to them directly. The non-profit will be paying monthly over 10 years, and there is no interest. I have several questions on how to set this up in Accounts Rec...