Discussions
It’s that time of the year again! As we embrace the holiday cheer, we want to share an important announcement regarding our holiday schedule. Our dedicated team of NetSuite Support Gurus will be taking a short break to recharge during the holidays, from December 24, 2024, to January 1, 2025. We’ll be back in full swing, ready to assist you on January 2nd. During the break, feel free to explore the wealth of NetSuite resources on our platform.
As we celebrate the season's joys, we are incredibly grateful for your ongoing support and engagement. Have a fantastic holiday break, and let's gear up for an incredible 2025!
Here are some examples to get your creative juices flowing.
"Did I pay vendor John Doe last month?"
"Take me to my largest sales order for this month."
"What invoices haven't been paid yet?"
Lease modification in multi-book
Hi
I am testing leases with multi-book, and it seems to work great. Except when I performed a lease modification, the lease modification journal impacting the fixed asset and lease liability was only a book specific journal entry and it only revalued the FAM asset primary book current asset and NBV amounts.
I did a workaround of posting a book specific journal in the secondary book then modifying the FAM alternate depreciation current cost amount and NBV. However with workarounds I am concerned i may have not followed the right process and caused downstream impacts later.
Is this a common issue with lease modification journal entry only being book specific and only revaluing primary book asset? Seems not in line with the original lease journal which is book generic.