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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.
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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
We'd love to hear your thoughts on the Latest updates in the NetSuite Support Community (UI/UX edition) – December 2025. Your feedback is important to us—please let us know what you think or any suggestions you may have in the comments!
How to set Cumulative Depreciation on fixed asset to zero?
I need assistance on how to set the Cumulative Depreciation on a Fixed asset.
The company was acquired and have current depreciating fixed assets. I am trying to set the existing fixed asset to have a cumulative depreciation of zero.
Scenario 1:
Laptop, Straightline method, Mid-Month Depreciation, depreciation period is 36 months, depreciation of 30 months has occurred.
Original cost is $7702.88
Cumulative depreciation is $6847.04
Net Book Value is $855.84.
Scenario 2: Can NetSuite set the asset, Cumulative Depreciation to Zero when asset is fully depreciated?
Laptop, Straightline method, Mid-Month Depreciation, depreciation period is 36 months, asset has fully depreciated of 36 months has occurred.
Original cost is $7702.88
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