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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

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