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.
New AI Community Guidelines. Please review and follow them to ensure AI use stays safe, accurate, and compliant.
Please note that on Saturday, April 18, 2026, at 8:00 PM Pacific Time, our Case Management System will undergo a scheduled maintenance for approximately 15 minutes. During this time, case creation via SuiteAnswers will be unavailable and inbound calls will be routed to Customer Service.
Request: Asset Transfer Percentage-wise from Subsidiary 1 to Subsidiary 2(Percetage wise)
We need guidance and assistance for performing a partial (percentage-based) fixed asset transfer in NetSuite.
Scenario:
- Source Subsidiary: ABCD India (Subsidiary 1)
- Target Subsidiary: XYZ (Subsidiary 2)
- Transfer Requirement: 7% of selected assets to XYZ and retain 93% in ABCD India
- Depreciation for these assets has already been posted for October and November 2025
- Goal: Maintain accurate Fixed Asset sub-ledger, GL impact, and audit trail
Request:
- Please confirm if NetSuite supports a percentage-based asset transfer across subsidiaries.
- Provide the recommended approach / workaround if direct percentage transfer is not available.
- Clarify impact on already posted depreciation and steps to ensure correct depreciation going forward.
- Guidance on
0