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Join us for complimentary one-day events around the world and step into a future fueled by AI and limitless potential. Explore new breakthroughs, sharpen your skills, and connect with experts who are shaping what’s next. Experience bold keynotes, interactive learning, and connections that span the global NetSuite community. Discover what's next at SuiteConnect Tour 2026.
NetSuite launches new wholesale distributions solution in Japan in January 2026!
NetSuite has launched SuiteSuccess Wholesale Distribution Edition, in Japan. Please join us the webinar on February 12 that introduces NetSuite solution with demos and case studies for Wholesale Industry.
Register Now
NetSuite has launched SuiteSuccess Wholesale Distribution Edition, in Japan. Please join us the webinar on February 12 that introduces NetSuite solution with demos and case studies for Wholesale Industry.
Register Now
NetSuite 2026.1 Release Notes - This document summarizes the changes to NetSuite between 2026.1 and the previous release.
Have questions or experiences to share? Post your Release 2026.1 questions and join discussions in the Release 2026.1 category.
Have questions or experiences to share? Post your Release 2026.1 questions and join discussions in the Release 2026.1 category.
NEW TO NETSUITE | Fixed Asset Management > How to Create Asset Types
After discussing the Fixed Asset Management Setup Overview, you are now allowed to create an Asset Type for your assets. This will aid in categorizing your fixed assets based on classifications and usage, allowing you to group similar assets together.
Here’s how you can create an Asset Type:
- Navigate to Fixed Assets > Setup > Asset Types > New
- Enter values on the following required fields:
- Name
- Accounting Method
- Residual Percentage
- Asset Lifetime
You can further customize the Asset Type by adding the following:
- Description
- Accounts to be used on the different Fixed Asset transactions.
- Whether it will be depreciated or not; and
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