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.
Can we control Mid Life lease ROU asset NOT to depreciate for historical period?
Hi,
We are using the mid-life lease function and trying to create mid-life asset associated with the lease. However, although the lease setup and schedule performance looks correct, somehow the auto generated asset always shows a "New" [Asset Status] asset, with the related field like [Last Depreciation Period]/[Last Depreciation Date]/[Current Net Book Value] etc. all displayed in the form of a new asset. Even if we manually update all the necessary depreciation related fields, and change the asset status to depreciating, after recompute depreciation values, the depreciation history still show a full schedule where all historical period is tagging with 'Depreciation'
0