Netsuite Fixed Asset

Hi team,

We are currently trying to set up the Fixed Asset Module for the subsidiaries in our organisation. It is already setup for the parent company which is based out of US. However, we are facing some roadblock in comprehending the setup of asset types in the statutory books and determining the feasibility of configuring the FAM module for international entities. Our aim is to book assets in the statutory books using the base currency of the international entity, such as INR for India, which should be auto transalated in USD in the primary books. However, currently the setup of the FAM for India is such that the asset is getting recorded in USD and there is no option to change this to the statutory book currency i.e. INR.

Can you please help us understand the configuration changes to support this requirement.

Regards,

Sahana

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