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SuiteWorld October 6 - 9, 2025: Agenda Builder is live!
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Read on for the latest updates including:
• Agenda Builder launch
• SuiteWorld On Air registration
• New NetSuite Prompt Studio Contest
• And more!
Check out this thread to learn more!
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Don’t miss your chance to meet our SuiteGurus—NetSuite Support professionals and subject matter experts with extensive experience in select product areas, including OneWorld, Advanced & Basic Accounting, Supply Chain Management, Receivables & Payables, CRM, Account Administration, and the SuiteCloud Platform. Full Conference attendees can prebook exclusive 30-minute one-on-one sessions for your product questions.
Spots are limited! Register through your Agenda Builder and find SuiteGuru under Agenda Enhancements.
NSC | FAM > Change the Asset Type of Depreciating Assets
SCENARIO:
User wants to change the Asset Type of an Asset that has already started depreciating in periods that are closed.
SOLUTION:
- Asset Transfer
- Update Depreciation Schedule
- Change the previous Depreciation Histories manually or through a CSV import
ILLUSTRATION:
Sample Asset:
Asset Transfer:
- Go to Fixed Assets > Transactions > Asset Transfer
- Asset ID/Name: Choose the Asset
- Transfer Date: Select the date that should be on or before the last depreciation. The Last Depreciation Date field is available on the right side so you can check
- Asset Type: Select the Asset Type you want to change it to
- Click on Process Transfer
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