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.
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!
NetSuite 2025.2 Release Notes - This document summarizes the changes to NetSuite between 2025.2 and the previous release.
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.
SuiteWorld October 6 - 9, 2025: Agenda Builder is live!

Read on for the latest updates including:
• Agenda Builder launch
• SuiteWorld On Air registration
• New NetSuite Prompt Studio Contest
• And more!

Check out this thread to learn more!
Please note that on Friday, September 19, 2025, at 8:00 PM Pacific time, our Case Management System will undergo a scheduled maintenance for approximately 4 hours. During this time, case creation via SuiteAnswers will be unavailable and inbound calls will be routed to Customer Service.

New to NetSuite | Difference between Asset Record and Asset Value

edited Jun 2, 2025 2:51PM in Basic Accounting

When managing assets—like equipment or vehicles—it's essential to keep track of their value over time. This is where asset records and asset values records come into play. Let’s break this down in an easy-to-understand way!

What are Asset Records?

An asset record is basically a file or entry in a Fixed Asset Management Bundle that holds all the important details about a specific asset. Think of it as a digital folder that contains information about your asset, like its name, type, and purchase date.

To view Asset Records, you may navigate to Fixed Assets > Lists > Assets.

The Role of Asset Values Records

Ayitah Tallada | General Accounting and Asset Management

nsc-referral-signature-1.gif

Expand your NetSuite knowledge by joining this month'sAsk A Guru Live about SuiteCloud.RSVPon this event now!

Did you know your engagement in our programs can lead to awesome surprises? That's right!

By participating and showcasing your skills, you'll get a chance to win exclusive rewards. Are you ready to unlock your potential and claim these amazing perks?

Learn more and join in the fun:

Howdy, Stranger!

Log In

To view full details, sign in.

Register

Don't have an account? Click here to get started!

Leaderboard

Community Whiz

Quarter 3 (Jul-Sep 2025)

This Week's Leaders

This Month's Leaders

All Time Leaders