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Stay up-to-date with the latest news from NetSuite. You’ll be in the know about how to connect with peers and take your business to new heights at our virtual, in-person, on demand events, and much more.
New AI Community Guidelines. Please review and follow them to ensure AI use stays safe, accurate, and compliant.
Keep an eye out for upcoming NetSuite events, including meetups, workshops, and webinars. These sessions are a great way to connect with peers, learn from experts, and stay current on the latest NetSuite updates and best practices. Registration links are provided in each event.
SuiteWorld | October 25–28, 2026 | Las Vegas Where our community gets ready for what’s next!
SuiteWorld brings thousands of innovators, builders, and leaders together to learn, connect, and shape what’s next. This October, explore how to build a stronger foundation for growth through inspiring keynotes, major product reveals, hands-on sessions, and unforgettable moments—all in one place for our biggest event of the year. Join us
SuiteWorld brings thousands of innovators, builders, and leaders together to learn, connect, and shape what’s next. This October, explore how to build a stronger foundation for growth through inspiring keynotes, major product reveals, hands-on sessions, and unforgettable moments—all in one place for our biggest event of the year. Join us
New to NetSuite | Compound Asset Feature
The Compound Asset has no additional value itself and is made up of the individual assets (components). The main value of Compound Asset is that they match physical reality as many assets maybe combined (e.g. into a Bus) and then sold, disposed of or transferred as a single compound asset.
To create a Compound Asset, please follow the steps below:
- Navigate to Fixed Assets -> Lists -> Build Compound Asset
Note:
- A Compound asset is a primary asset which itself is made up of several child assets which are known as Components.
- Components should be identified and depreciated separately if they have differing patterns of benefits (SuiteAnswers #
Katerina Winklerova
Basic Accounting/ OTC/PTP Guru
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