Discussions
Stay up-to-date with the latest news from NetSuite. You’ll be in the know about how to connect with peers and take your business to new heights at our virtual, in-person, on demand events, and much more.
New AI Community Guidelines. Please review and follow them to ensure AI use stays safe, accurate, and compliant.
NSC | FAM > Possible Causes Why The Asset/s Did Not Depreciate
Here are some of the reasons why Assets did not depreciate.
- The Subsidiary set on the Asset Record may be set to Inactive.
To resolve this, set the Subsidiary Record to Active.
- Set Up > Company > Subsidiaries
- Click Edit on the Subsidiary Record
- Remove the tick mark on Subsidiary is Inactive
- Click Save
Values on the Asset Record may have been edited but the Reset Asset Values was not triggered
- Edit the Asset Record and update all the necessary fields
- On the General Tab, set the Depreciation Active field to False
- Click on Save
- Navigate to Fixed Assets > Setup > System Setup
Tagged:
0