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SuiteWorld brings thousands of innovators, builders, and leaders together to learn, connect, and shape what’s next. This October, explore how to build a stronger foundation for growth through inspiring keynotes, major product reveals, hands-on sessions, and unforgettable moments—all in one place for our biggest event of the year. Join us
FAM (Fixed Assets) How to Record Mid-life or non-midlife Leases
Hi,
Do you know if for a finance lease asset, we need to create the asset record as well?
I'm under the impression that we need to post the interest charge in NetSuite and no depreciation, because we don't own the asset and so the depreciation should not hit our ledgers.
Please let me know your thoughts.
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