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NetSuite Admin Tip | Depreciation Rules for Fixed Assets in NetSuite
As a Fixed Asset Accountant, you'll often work with NetSuite to record assets. One really important part of this process is setting up depreciation rules. These rules determine how assets lose their value over time, which is important for financial reporting. Administrators should take the lead in setting up the…
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New to NetSuite | Customizing and Sharing Nonprofit (NFP) Financial Reports
In Part 1 of this series, you learned how to locate and run the standard nonprofit (NFP) financial reports available in NetSuite. Once you are comfortable generating these reports, the next step is customizing them to meet your organization's reporting needs. This article explains how to modify report filters, save…
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New to NetSuite | Getting Started with Time Tracking and Timesheets
If you're new to NetSuite, one of the first tasks you may perform is entering your work hours using Timesheets. Recording time accurately helps your organization track project effort, employee utilization, payroll, customer billing, and overall business performance. In this article, you'll learn what timesheets are,…
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AskAGuruLive with Ayitah about Basic Accounting (July 22, 2026)
Greetings, everyone! This is Ayitah, one of your Basic Accounting Gurus here in the NetSuite Support Community. 😊 I will be live today to answer your questions from 1 PM to 2 PM ET. Before we start, here are some of our house rules: Post your questions by commenting below. 1 comment = 1 question. Some questions may be…
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NetSuite Admin Tip | Improve Timesheet Accuracy with These 5 Administrative Best Practices
Timesheets are more than just a way for employees to record hours. They drive project costing, customer billing, payroll, resource planning, and business reporting. When timesheets are incomplete or inaccurate, the effects can ripple across multiple departments. Whether you are implementing Time Tracking for the first time…
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New to NetSuite | Getting Started with Nonprofit (NFP) Financial Reports
If you're new to NetSuite for Nonprofit (NFP), understanding the available financial reports is one of the best ways to become familiar with your organization's financial health. NetSuite provides nonprofit-specific financial statements that help organizations meet reporting requirements while giving leadership and…
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NSC | Exchange Rate Cannot Be Changed on an Existing Expense Report (Scenario 1)
In NetSuite, the exchange rate applied to an Expense Report is determined by the transaction date and the corresponding currency exchange rate available in the Currency Exchange Rates list. Once an Expense Report is created and saved, the exchange rate becomes fixed and cannot be modified. Any attempt to update the…
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NSC | Unable to Create Expense Report for an Active Employee
Users may encounter an error when creating an Expense Report for an employee who is expected to be active in NetSuite. This issue can occur even if the employee record appears valid at first glance. The article below explains the cause of the issue and the steps taken to resolve it. Scenario When attempting to create an…
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Accounting Subledger /general ledger
We are a project-based company in the minerals sector with diversified business interests, currently migrating from a legacy ERP to Oracle NetSuite. While NetSuite was recommended by our ERP consultants after requirement analysis, we are now being advised that multiple requirements may need customization. I am looking for…
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1.Fixed Assets Module_ asset identification Case
We are a project-based company in the minerals sector with diversified business interests, currently migrating from a legacy ERP to Oracle NetSuite. While NetSuite was recommended by our ERP consultants after requirement analysis, we are now being advised that multiple requirements may need customization. I am looking for…