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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.
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.
Solution to Bonus Depreciation Rule (MACRS)
There is a separate thread for this topic that was closed by referencing a post to the Suite Ideas website. Since I liken this to prayer, I thought I would provide my solution for this issue. I also posted it to the comments of the suite ideas post, but thought it might find a larger audience here.
The challenge with this depreciation is that the out of the box averaging convention cannot handle the bonus in the first year. The depreciation calculation must be done using the Cost less the 1st year bonus.
I solved this problem by creating my own depreciation method called 40% BONUS-150DB with the following attributes:
Mark Schurmann
Accounting Systems Manager, Turner Enterprises
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