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Unable to modify FAM lease

edited Aug 20, 2025 9:52PM in Ask A Guru 10 comments

Hi,

We have a few instances whereby NetSuite seems to be inconsistent with Lease modification.

Sometimes it works, sometimes it doesn't.

So far, these are the steps we have taken during our testing:

  1. Create Lease
  2. Add Lease Payments
  3. Generate Lease Amortization Schedule
  4. Create Initial Lease JE
  5. Asset proposal and creation
  6. Run Asset depreciation
  7. Reverse JE by editing and adding reversal date on the JE.
  8. Modify lease
  9. Generate payment schedule and edit the dates/amounts
  10. Apply lease modification

I did two test so far, (1) without step 6 and the rest was successful; (2) I added asset depreciation in the step, but the Lease Modification option is not allowing me to input any changes i.e. the fields are greyed out:

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