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SuiteWorld October 6 - 9, 2025: Agenda Builder is live!
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Read on for the latest updates including:
• Agenda Builder launch
• SuiteWorld On Air registration
• New NetSuite Prompt Studio Contest
• And more!
Check out this thread to learn more!
How to resolve Fixed Assets in Negative cost?
We are just going through fixed assets for our year end accounts prior to audit and spotted that a full write down in value of one of our assets (and a few other like it) in one of our subsidiaries has resulted in a negative NBV of the cost of the asset.
Is there any way that we can fix this? We tried revaluing one of the assets back up which reinstated the value to the correct amount and then disposing of it, but this has also left a negative NBV.
Please advise
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