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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.
Register Now
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.
Updating Fixed Asset Cost for Depreciating Asset
Hi,
We’re working with the Fixed Assets module in NetSuite ERP and need your guidance.
We have an asset with Asset Status = Depreciating, and in 2025, the Total Asset Cost has increased due to additional capital expenditure added to the asset.
We're trying to update this cost correctly so that:
- The increased cost is reflected either in the Asset Original or Current Cost.
- The updated cost starts affecting depreciation calculations from 2025 and going forward only – not retroactively.
Could you please help clarify:
- What’s the correct way to increase the asset cost for an already depreciating asset?
- How do we ensure depreciation reflects the new cost from the desired fiscal year onward?
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