HA
02/13/2025, 4:36 PMCeligo AI
02/13/2025, 4:36 PMAI generated answer (using internal Slack threads):Based on the conversations, it seems that the 'Mid life asset' checkbox isn't visible in your lease creation record because it's not a field that is manually editable. It is a system-generated field that gets populated when you create a lease record and run the depreciation process. Here are the steps you should follow: 1. Create a Lease record with the original details as if it's a new one. The system will generate a journal out of the lease record, which will be your future asset. 2. Run the depreciation process up to the date of transition. This will generate system journals that match your system-generated schedule. 3. If there are any discrepancies with the historical transactions, you will need to manually reverse these transactions as of the cutoff date. 4. If the outstanding ROU and lease liability based on the Lease and Asset records do not match the Balance Sheet balances, you will need to adjust your Balance Sheet to match the NetSuite Fixed Asset Management (FAM) calculations. This should be done in consultation with your controller. Remember, you should not edit system-generated journals. Instead, manually reverse any transactions up to the date of transition. ****** 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
02/13/2025, 4:37 PMSlack thread 1: here (available only if the original thread was posted in the last 90 days)
Similarity score: 0.814343214
Slack thread 2: here (available only if the original thread was posted in the last 90 days)
Similarity score: 0.798272491
Slack thread 3: here (available only if the original thread was posted in the last 90 days)
Similarity score: 0.797420382
Celigo AI
02/13/2025, 4:37 PM