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How can assets be depreciated to 0.00 without defining a useful life?
How can assets be depreciated down to 0.00 using the WDV method without any dependency on asset lifetime, when no useful life is defined? We have a requirement where assets must be depreciated down to 0.00 using the WDV (Written Down Value) formula, without relying on asset lifetime, as no useful life is defined for any of…
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Alternative | Fixed Assets Management
Greetings Community, we would like to know from other user experiences of any alternatives available to "Fixed Assets Management" Module. If there is any workaround, how did it effectively helped to track the costing of Fixed Assets. Please Advise! Thank You for your time and efforts :)
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Fixed Assets Management 2024.1: Custom Columns in CSV Reports
This notice applies to accounts that are using NetSuite’s Fixed Assets Management (FAM) SuiteApp. The changes described in this notice are targeted for Fixed Assets Management SuiteApp with the NetSuite 2024.1 release on January 16, 2024. What is Changing? Custom Columns are Visible in CSV Reports Custom columns added to…
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Fixed Asset Disposal Error: Please enter value (s) for: Department
Attempting to Dispose of an asset with a disposal type of Sale. When the bundle attempts to process the disposal of the asset, we receive an error of: USER_ERROR – Please enter value (s) for: Department The asset has the 'Department' information filled out: Does anyone know where this error is coming from?
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Workaround to follow the setup Fiscal Year to the Fixed Asset Report
-Workaround to follow the setup Fiscal Year to the Fixed Asset Report - The setup fiscal year is Apr - Mar but the report in Fixed Asset is showing Jan - Dec. It is currently an enhancement but if appreciate if anybody can share a workaround to meet this requirement.
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Calculation Updates for Operating Lease in Fixed Assets Management version 2023.2
This notice is intended for customers who are using the NetSuite Fixed Assets Management SuiteApp. The changes described in this notice are targeted for the Fixed Assets Management SuiteApp with the NetSuite 2023.2 release. What is changing? Write-Down Adjustment Calculation for an Operating Lease In previous versions, the…
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Upgrade Notice: Fixed Assets Management Version 23.1
This notice is to inform you about the release preview availability of NetSuite Fixed Assets Management version 23.1, the target date of the upgrade to your production account, and the enhancements that will be included in the new version of the SuiteApp. Early Access Availability in Release Preview Account We strongly…
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Upcoming Changes to the Fixed Assets Management SuiteApp
This notice applies to you if you are using NetSuite’s Fixed Assets Management (FAM) SuiteApp. The changes described in this notice are targeted for Fixed Assets Management SuiteApp with the NetSuite 2022.2 release. More information about these upcoming changes will be available in the NetSuite Help Center and…
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Can I re-run an asset depreciation for the same period
Hi team, There is an asset which has not run on it a depreciation in NetSuite, however the rest has run already due to auditing reason. Can we run the NS asset depreciation for the same period even though the JE's are not closet for January, without depreciating the whole assets?
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Upgrade Notice: Fixed Assets Management Version 22.1
This notice is to inform you about the release preview availability of NetSuite Fixed Assets Management version 22.1, the target date of the upgrade to your production account, and the enhancements that will be included in the new version of the SuiteApp. Early Access Availability in Release Preview Account We strongly…