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.
Now is the time to ask your NetSuite-savvy friends and colleagues to join the NetSuite Support Community! Refer now! Click here to watch and learn more!
Update your Profile with your Support type to get your Support Type badge.
Make Your Voice Heard: What Tech & ERP Topics Should We Explore in our Next Webinar?? We’re all ears! Vote now, and the poll runs until January. Poll for ERP | Poll for Tech.
Uncover the power of data with the Analytics Hub —your ultimate guide to mastering NetSuite Saved Searches and Reports. Simplify the complex and unlock your organization's true potential. Dive into the Analytics Hub now and soar to new heights!
To help you get the most out of your 2025.1 Release Preview account, review the topics outlined in the Release Preview Guide.
NetSuite Release 2025.1 Release Notes are available for download here!
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
Tagged:
0