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Fixed Asset Management – Troubleshoot Revaluations

Posted by Sara Duong, Consultant on Apr 25, 2023 11:31:43 AM

During the course of managing your assets in NetSuite’s Fixed Asset Management (“FAM”) module, you are bound to revalue a few assetsRevaluing an asset means the current value of the asset is more or less than the original cost, the asset life has changed, depreciation method has changed, or the residual value has changed. NetSuite’s FAM module can help you revalue and post the correct GL impacts to your financial statements. If you would like to learn how to revalue an asset in the FAM module, please visit SuiteAnswers: Revaluation of an Asset (https://suiteanswers.custhelp.com/app/answers/detail/a_id/19284/loc/en_US).  

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Tags: NetSuite, ERP, Project Management, Reporting, NetSuite Partner, NetSuite How To's, NetSuite Tips, Bank Reconciliation, Fixed Asset, Reconciliation, Fixed Asset Management, Revaluation

CASE STATEMENT use case – Intercompany Reconciliation

Posted by Justin Myung, Consultant on Oct 27, 2022 10:40:39 AM

Have you ever wanted or needed a quick comparative view of your Intercompany transactions between your subsidiaries?  One way to achieve this is through the use of CASE Statements in Saved Searches.  What is a CASE Statement?  A CASE Statement is similar to that of an if-then-else statement.  You may have encountered this in spreadsheetsIn NetSuite, it’s an available function that allows you to program conditions to return values when those conditions are met.  So, when a condition is true, NetSuite will provide the results based on those conditions.  You can have multiple conditions in one CASE Statement.

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Tags: NetSuite, Reporting, NetSuite How To's, NetSuite Tips, Saved Search, Reconciliation, CASE, Formula, If-Then

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