Assets in NetSuite typically go through several stages during their lifecycle, from acquisition to disposal. These stages help organizations manage and track their assets effectively. Here are the different stages of an asset in NetSuite Acquisition refers to the process by which one company purchases most or all of another company’s shares or assets to… Continue reading Different Stages of Fixed Asset Management
Tag: Asset Managment
Custom Page for Revaluation of Assets created using custom segments.
We have designed and developed the Asset Revaluation functionality in the asset transaction screens to standardize financial statements by revalue the assets. Asset Revaluation screens help users to revalue to assets created. The revaluation of the asset leads to a gain or loss in the value of the asset. 6.1 Screens The logged user… Continue reading Custom Page for Revaluation of Assets created using custom segments.
Insightful Overview of FAM Enhancements in Netsuite Release 2023.2
Asset Split for Fully Depreciated Assets The Asset Split workflow now accommodates fully depreciated assets. Note: Asset split transactions do not support disposed and inactive fixed assets. Bulk Asset Split – Validation Guidelines: Asset and Quantity are mandatory fields. Asset column requires the Asset internal ID. If optional columns are left blank, they will be… Continue reading Insightful Overview of FAM Enhancements in Netsuite Release 2023.2