Discussions
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 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
Have questions or experiences to share? Post your Release 2026.1 questions and join discussions in the Release 2026.1 category.
New to NetSuite | Amortization Feature
In accounting, amortization refers to the process of spreading the cost of assets over the period they provide economic benefits, enhancing the accuracy and consistency of financial statements. If you’re new to NetSuite, you may be wondering how this can be accomplished. Rest assured this guide will help you understand how to get started!
In NetSuite, the amortization feature enables you to record the general ledger impact of item purchases and expense charges across multiple future periods.
Pre-requisites of this feature:
- On your NetSuite account > Add-On Module = Advanced Financials
- This can be verified via Setup > Company > View Billing Information
Clarisa De Torres | Ask a Guru
- Earn Community badges now! Refer a Member | Answer Accepter |
The Support Community is your launchpad for learning, sharing, and earning exclusive rewards. Every contribution you make helps others and brings you closer to our official Oracle merchandise.
Learn more and join in the fun: