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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.
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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.
NSC | Fixed Asset > How to Change the Current Net Book Value
Scenario:
The user would like to edit the Current Net Book Value of an Asset.
Solution:
- Edit the FAM Asset
- Adjust the Asset Fields to their accurate values as needed.
- Save the modifications.
- Reopen the FAM Asset for editing.
- Access the General tab, on the Depreciation Active field > Set it to false. Save the changes.
- This action initiates a background process to queue a Reset Asset Values Process. Its purpose is to eliminate all depreciation history records and forecasts after the Last Depreciation Date.
- Revisit the FAM Asset for further adjustments.
- On the General tab, on the Depreciation Active field, set it back to True. Then, save the changes.
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