Munir Chaer
10/30/2024, 9:51 PMCeligo AI
10/30/2024, 9:51 PMAI generated answer (using internal Slack threads):To enable or install fixed asset lease accounting in your instance of NetSuite, you would need to use the Fixed Asset Management (FAM) module. However, it's important to note that the FAM module may not fully cater to all your specific needs, as it has some limitations. For example, it doesn't allow you to upload your own payment schedule with interest and principal amounts separately, and it uses only one account for lease debt. If you're leasing equipment out to a customer, you could consider setting up contract amortization that aligns with the leasing terms. You could also create a custom record in NetSuite called "Customer Asset Usage" to log the asset, customer, usage dates, and total hours used. Then, you can use a SuiteScript to generate invoices based on this usage data. If you're transferring a fixed asset to a customer while still wanting to track it, you could create an item, link an asset to it, and track usage (i.e. hours). You can also use a non-inventory item linked to this asset rental on the invoice to your client. Remember, these are just suggestions based on previous conversations and may not fully cater to your specific needs. You might need to customize your NetSuite instance or consider third-party add-ons to meet your requirements. ****** 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
10/30/2024, 9:52 PMSlack thread 1: here (available only if the original thread was posted in the last 90 days)
Similarity score: 0.833363771
Slack thread 2: here (available only if the original thread was posted in the last 90 days)
Similarity score: 0.831226587
Slack thread 3: here (available only if the original thread was posted in the last 90 days)
Similarity score: 0.825750649
Celigo AI
10/30/2024, 9:52 PM