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Fixed asset register saved search NBV is incorrect.

edited Jun 2, 2025 2:24PM in Ask A Guru 2 comments

Hi

I am trying fix the accuracy of the fixed asset saved search and reports in Netsuite. We are having problems with the net book value numbers. Maybe both SS and report are related to the same issue. So I first started with the SS with the below parameters


Focusing on one asset (all assets except the addition in April 21 have the same issue)

I confirmed that the original cost and depreciation is correct.

However the net book value is simply negative the April 21 depreciation.

The asset details are below:


And here is one month of depreciation history March 2021



When I looked at this initially, I noticed the account method field was blank, so I did a csv update of the depreciation histories today, populate all the history with depreciation method as accounting method, ensure the trigger workflows was ticked. I then did the precompute depreciation. Unfortunately this did not change the NBV in the SS at all. I am not even sure if this is needed?

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