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.
Don't miss out on our Pop Quiz You only have until December 10, 2025, 12:00 PM ET to comment your answers and earn rewards! Click here for more details.
Expand your NetSuite knowledge by joining our Ask A Guru Live sessions. RSVP on this event now.
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 2025.2 Release Preview account, review the topics outlined in the 2025.2 Release Preview Guide.
Nominate Your Peers for NetSuite Support Community's Choice of the Quarter! Submit your nomination today.
Intelligent Payment Automation version 1.0.3 is now available in the SuiteApp Marketplace. The SuiteApp, powered by BILL, lets you automate payments, manage vendor details, and bank account information within NetSuite. Learn more
No Limits. Just possibilities.
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.
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.
How to set Cumulative Depreciation on fixed asset to zero?
I need assistance on how to set the Cumulative Depreciation on a Fixed asset.
The company was acquired and have current depreciating fixed assets. I am trying to set the existing fixed asset to have a cumulative depreciation of zero.
Scenario 1:
Laptop, Straightline method, Mid-Month Depreciation, depreciation period is 36 months, depreciation of 30 months has occurred.
Original cost is $7702.88
Cumulative depreciation is $6847.04
Net Book Value is $855.84.
Scenario 2: Can NetSuite set the asset, Cumulative Depreciation to Zero when asset is fully depreciated?
Laptop, Straightline method, Mid-Month Depreciation, depreciation period is 36 months, asset has fully depreciated of 36 months has occurred.
Original cost is $7702.88
Tagged:
0