Discussions
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.
Fixed Assets How to have Different expense accounts?
Hi everyone,
We are planning to implement the FAM module, but we have a business case where we have have 1 asset account GL1000 for all furniture. But depending on which department the purchase is booked to (ie: Operating Exp dept OR Cost of Goods Sold dept), depreciation should hit the corresponding expense account.
Is this possible to configure in FAM while only using 1 Asset account?
Asset Type: Furniture
Asset Acct: 1000
A/D Acct: 1400
Expense Account: 6000 (OpEx Depts) OR 5000 (COGS Depts)
Thanks for your help!
0