jfreed2021's Profile
Rookie
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2

  • Rookie Asked on March 23, 2021 in Fixed Asset Management.

    When you upload the asset info use the normal asset lifetime. (36, 60,120 months-if you depreciate monthly).

    When you upload the history you will be mapping Transaction amount (cum dep amount), Dep period (last Dep Period), Transaction date (Last Dep Date).  It’s this information that creates the history prior to NetSuite.  Once History is upload.  Get the depreciation schedule generated.  (fixed assets > setup > system setup > recompute dep values).

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  • Rookie Asked on March 23, 2021 in Fixed Asset Management.

    could you do an asset revaluation > write-down 50%

    purchase at $6600, write down 3300.  the remaining 3300 will depreciate over the life span using the depreciation method selected.

    • 700 views
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    • 1 votes