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Upgrade Notice: Fixed Assets Management v4.01.2

The Fixed Assets Management SuiteApp upgrade is set to begin on May 19, 2015, and is scheduled to be completed within 24 hours. Production accounts running the NetSuite Fixed Assets Management SuiteApp will be automatically upgraded.  Enhancements NetSuite Fixed Assets Management v4.01.2 will include the following enhancements: [LIST] [*]Multi-Book Asset Revaluation, Disposal, and SplitThis feature enables users to revalue, dispose and split assets and tax methods on a per book basis.[/LIST] Asset Revaluation allows users to enter a percentage of the asset cost for the Write-Down Amount that will be applied to both accounting and tax methods associated to an accounting book. A ‘Calculate’ button is also added to enable the revaluation fields of the selected Accounting Book.   A separate transaction type for Write-off and Sale is introduced during Disposal.Tax Methods associated to an accounting book will generate book specific journal entries. [LIST] [*]

Regards,

@Robert Nedelkow-Oracle | NetSuite Support Community Administrator

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