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?

Posted fixed asset to wrong account and depreciation has already started


Made an error in posting a number of fixed assets to the wrong account.

How would I go about correcting, including any depreciation that has already been calculated. I don't think I can just transfer because it is the same department. Just need to correct posting from account number 1553 to 1555.

I think I can fix in G/L by just changing the account posted to or would that cause a me to restate financials for prior periods?

Thank you,


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