According to your requirement you can create plant and also can give desired name whatever you want to assign. If you wish to make new plant you are advised to follow this tag; Customer/Job management>Other Master>Plant Master 

A small window would come to you in which you have to fill up the following information in its appropriate options; 

• Name of Plant
• Short Name of Plant
• Purchase date of Plant
• Select developing or production option in the option of Plant for. 

Further you have to update its information. You can do it either by using Enter key or by using Ctrl+S. 

Financial Accounting

Other Feature & Utilities