Are you saying that being greyed out, is already, correct? i.e. will default to the Division in the Special Account?
yes.
You did set it up correctly. Not sure what issue you are trying to communicate.
That is correct.
I assumed that being greyed out meant that it was not assigned and unselectable
It would be nice to add the default ‘Division’ text inside the grey box for reference 
I noticed form your summary screen that you received the loans but did not yet make Payments for any of the Fixed assets.
By the way, hope that you assigned the correct Division to each Fixed Asset.
True, I’m working through this in steps to ensure the accounts are setup correctly before populating.
I’m guessing all I need to check now is the transaction from Bank account to the original property owner to take possession of the property, and depreciation (they are calculated differently)
Yes, looks fine. Generate some reports such as Balance Sheet and Profit and Loss.
Why do you use cash basis?
No particular reason, being that it’s mainly for tracking personal transactions / investments and not a business per se, I thought Cash Basis would be fine, but happy to hear comments as to why Accrual Basis would be more appropriate in this case?
Depreciation seems to be the remaining step, and I’m thinking this will require having separate depreciation for each property, and things seem a bit broken too … I’m not sure how this should look (best practice), any advice?
A dummy transaction:
Created a “Control account - accumulated depreciation” for each property …
Created a depreciation entry for each property …
Result, both amounts go to the default “Fixed assets, accumulated depreciation” …
Click on “Fixed assets, accumulated depreciation” value of $800 …
Edit “Fixed assets, accumulated depreciation” in CoA …
Balance Sheet Report single property is OK …
Balance Sheet Report combined properties is OK …
Same for P&L, separate and combined …
Just looks a bit odd, was hoping to have them appear with their respective properties?
