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Read on for the latest updates including:
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• 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.
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NSC | Asset Transfer > Error on Accounting Book
Scenario:
While transferring the assets from Children Subsidiaries 001 and 002 to Parent Subsidiary, the user got the following error:
Solution / Explanation:
The Asset Transfer failed due to the fact that the accounting book is not currently associated with the destination subsidiary. This limitation occurs because only active books can be associated with alternate methods. Furthermore, if an alternate depreciation method is already linked to an accounting book, it is not possible to change the Accounting Book value thereafter.
To proceed with the asset transfer, the user must ensure that the intended accounting book is actively associated with the destination subsidiary before initiating the transaction.
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