Tristan Gale
10/14/2024, 6:34 PMCeligo AI
10/14/2024, 6:34 PMAI generated answer (using internal Slack threads):Based on the conversations, it seems like you're trying to implement Fixed Asset Management (FAM) and run alternate depreciation. Here are some key points to consider: 1. When importing the depreciation history, it's meant to record the cumulative depreciation of the asset to date. It will not mess with your GL accounts as it will not create journal entries for it. This is important to ensure NetSuite creates a new schedule correctly for future depreciation. 2. If you're trying to run depreciation for a specific period and all stages are "Not Required", it might be due to missing FAM Asset Depreciation History in the Statutory Book. It should include future periods of depreciation history, similar to the Primary Book Depreciation History. 3. If you want depreciation to generate in an alternate book, you need to set up Alternate Method records and attach them to the assets. You can search SuiteAnswers for "multi-book FAM depreciation" for more detailed instructions. 4. If you're looking to write FAM depreciation formulas, the specifics will depend on your depreciation schedule. For example, if you want to depreciate 20% at the end of the first calendar year and then split the remaining NBV over 24 months starting the January after the first calendar year, you would need to set up your depreciation to run monthly after the first 20%. ****** Disclaimer: This response was generated by an artificial intelligence assistant based on previous conversations from multiple Slack channels, and may contain inaccuracies or mistakes. ******
Celigo AI
10/14/2024, 6:34 PMSlack thread 1: here (available only if the original thread was posted in the last 90 days)
Similarity score: 0.801219165
Slack thread 2: here (available only if the original thread was posted in the last 90 days)
Similarity score: 0.795639336
Slack thread 3: here (available only if the original thread was posted in the last 90 days)
Similarity score: 0.790822387
Celigo AI
10/14/2024, 6:34 PM