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SuiteWorld October 6 - 9, 2025: Agenda Builder is live!
Read on for the latest updates including:
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Check out this thread to learn more!
Read on for the latest updates including:
• Agenda Builder launch
• SuiteWorld On Air registration
• New NetSuite Prompt Studio Contest
• And more!
Check out this thread to learn more!
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NSC | Wrong Net Book Value in FAM Reports
Scenario:
You are migrating the Mid-life Assets into the system. You performed the CSV import of the Asset itself as per our SuiteAnswers, nevertheless, the Net Book Value is showing the wrong information.
See below my example of the Mid-life Asset FAM000247 with the following information:
Asset Original Cost: 3000
Asset Current Cost: 3000
Net Book value: 2850
Last Depreciation Period: 3
Last Depreciation Amount: 50
As you can see, Asset Net Book Value is in the report wrong. Instead of 2850 is 3000 USD.
Solution:
Without other our interaction, the system cannot automatically recognize, that we have already depreciated 150 USD in a previous system. For the
Katerina Winklerova
Basic Accounting/ OTC/PTP Guru
0