Check out Oracle NetSuite upcoming events and conferences here
Now is the time to ask your NetSuite-savvy friends and colleagues to join the NetSuite Support Community! Refer now! Click here to watch and learn more!
Update your Profile with your Support type to get your Support Type badge.
Community Poll: What sort of content would you like to see more of?

Fixed Assets Management - Asset Register Report NBV is different then FAM Asset List

edited Nov 4, 2020 4:29PM in Ask A Guru 15 comments


I'm a newer user to NetSuite, so apologize for basic questions.

Prior to go live I cleaned up our fixed assets by disposing of assets that had been fully depreciated. Some as long as 40 years ago.

After go live, we had an audit. Our auditor suggested I add back a few assets.

I manually added those assets back, but when I compare the Asset Register Report to the FAM Asset List and the FAM Asset itself, there is a difference in NBV.

I have attached screen shots of the Register, Asset List and the asset.

I'm at a loss as to correct so all will agree. Any assistance would be greatly appreciated. Hoping it it is something obvious.

Maurice Shallow

Howdy, Stranger!

Log In

To view full details, sign in.


Don't have an account? Click here to get started!


Community Whiz

Quarter 2 ((Apr-Jun 2024) )

This Week's Leaders

This Month's Leaders

All Time Leaders