-
Show compound asset instead of component assets in the FAM Asset Register
Is there a way to show the compound asset instead of its' component assets in the fam asset register rolling up their total original cost, current cost, depreciation amount, and disposal amount. Also, can this be done using customized saved search other than the register? Thanks in advance.
-
INVALID_FLD_VALUE: You have entered an Invalid Field Value XXXX for the following field: entity
Hi NS Community! In FAM depreciation, user encountered an error: INVALID_FLD_VALUE: You have entered an Invalid Field Value XXXX for the following field: entity. I am not sure which entity record the error pertains but per checking, there is no customer nor vendor record for the corresponding internal ID. I only found…
-
Update Classifications on "Manage Asset Proposal" page Edit Mode
Hi! Do you know what permission is required to edit department, location and class on "Manage Asset Proposal Page" on Edit mode? Currently only the Admin role can update those fields. Thanks
-
Unable to run the Asset Depreciation & Generate Depreciation Schedule
Installed bundle ID: 551966 When executing Generate Depreciation Schedule and Asset Depreciation, no records or journals were created. Upon checking the FAM Process Status, both are showing Not Required. I attempted both methods: Manually creating assets Creating assets via journal entry → Asset Proposal In both cases, the…
-
Fixed Assets Schedule not Reconciling with Depreciation Journal
Hi, I hope you can help me. I have this asset that is fully depreciated already. Depreciation Start Date: 10/31/2022 Depreciation End Date: 10/30/2025 on its Depreciation History, it does have a schedule for 10/31/2022 but no Journal was posted. So when you total all the depreciation expenses, it's not the same as the…
-
Asset Disposal shown under different column in Summary Report
When an Asset is Disposed, under the Depreciation section of the Asset Summary Report, the credit shows under a different column. Is there any reason for this?
-
auto generate FAM ASSET ID different sequence by each subsidiary
Hi All does Netsuite allow the FAM asset id creation with a separate sequence by each subsidiary? could not find the setup any where. any inputs in this regard will be appreciated. thanks Ahmed
-
FAM - How to Handle Invoices Received After Asset is Placed in Service
Hello, I have been having trouble figuring out the best solution for the following scenarios. The FAM reports and searches have no been accurately reflecting aquisitions, transfers, and NBV depending on which report/search is viewed. An asset is placed in service on 7/1/2023 in FAM for a cost of $100K. However, another…
-
How do I remove an asset and the depreciation associated with it?
An asset was created and it shouldn't have been. In addition, it started depreciating. How do I remove the asset and the depreciation associated with it?
-
Fixed Assets How to have Different expense accounts?
Hi everyone, We are planning to implement the FAM module, but we have a business case where we have have 1 asset account GL1000 for all furniture. But depending on which department the purchase is booked to (ie: Operating Exp dept OR Cost of Goods Sold dept), depreciation should hit the corresponding expense account. Is…