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We’re excited to announce that the 2025 Community Recap is now available! This special recap highlights the amazing contributions and achievements of our members over the year and celebrates the collective success of our community.
Check your personalized recap to see the impact you made in 2025 and how your efforts helped shape our community’s growth and success.
View Your 2025 Community Recap
Thank you to everyone for your passion, collaboration, and support. Here’s to building an even stronger community together in the year ahead!
Season’s greetings to you and yours! As we head into the holidays (December 24 – January 4), we want to take a moment to celebrate the incredible strength and collaboration within our community. Even during the break, you can continue to benefit from connecting with peers, searching related threads, posting your questions, and marking helpful replies as “Accepted” in the Support Community.
Please note our dedicated team will be on reduced coverage during this time, and regular responsiveness will resume on January 5. Wishing you a joyful and restful holiday season!
-The NetSuite Support Community Team
NetSuite Admin Tip | Depreciation Rules for Fixed Assets in NetSuite
As a Fixed Asset Accountant, you'll often work with NetSuite to record assets. One really important part of this process is setting up depreciation rules. These rules determine how assets lose their value over time, which is important for financial reporting.
Administrators should take the lead in setting up the depreciation rules, as this is an important setup in Asset Creation. When they fully grasp the impact of each depreciation rule on the financial statements, it becomes easier to avoid mistakes in recording fixed assets. By doing so, they can ensure the accuracy of the financial records and save time on future corrections
Ayitah Tallada | General Accounting and Asset Management
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