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NEW TO NETSUITE | Fixed Asset Management SuiteApp Overview

edited Apr 23, 2024 3:28AM in Basic Accounting

The Fixed Asset Management SuiteApp automates the management of transactions involving Fixed Assets. Through this Suiteapp, you will be able to keep track of the asset’s life cycle from creation, depreciation and disposal. There are also predefined reports that you can generate to check if the records are accurate for compliance and reporting.

Assets Transactions include Asset Proposal, Creation, Depreciation, Disposal, Revaluation, Split, and Transfer.

Fixed Asset Management Reports include:

Prerequisites:

Before you can install the Suiteapp, the following features must be enabled on your account first:

Navigate to Setup > Company > Enable Features, and then click the SuiteCloud tab

Micah Patricia Timbol | Basic and Advanced Accounting, OTC Guru

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