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 11, 2026, at 8:00 PM Pacific time, our Case Management System will undergo a scheduled maintenance for approximately 30 minutes. During this time, case creation via SuiteAnswers will be unavailable and inbound calls will be routed to Customer Service.
How to write-off fixed asset setup as one item, but there are 60 separate items???
Hello!
Purchased 60 chairs 30 years ago and the asset was setup as one item. I tried to use Transactions/Asset/Disposal, but because it only displays as 1, I can't write off 35 chairs. I tried entering a percentage, 35/60 = 58.33%, but I wasn't able to.
I think I could accomplish the same thing by adjusting the Asset Current Cost and the Cumulative Depreciation to the amount they should be? Also would need to do a JE, Fixed Assets/Journal Types/Disposal Entries, to correct in the Trial Balance.
Make sense or is there a better way to accomplish this?
Thank you,
Maurice
Maurice Shallow
0