After changing Department in FAM Asset Department,...
# ask-stanley-ai
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After changing Department in FAM Asset Department, the corresponding new Journal Entry is not changing the department to the new one
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AI generated answer (using internal Slack threads):
****** Disclaimer: This response was generated by an artificial intelligence assistant based on previous conversations from multiple Slack channels, and may contain inaccuracies or mistakes. ****** Based on the conversations, it seems that the Fixed Asset Management (FAM) module in NetSuite does not automatically update the department in the Journal Entry when the department is changed in the FAM Asset Department. To correct the department allocation for an asset, you can perform an asset transfer. This can be done by navigating to Fixed assets > transactions > asset transfer. This should allow you to move the asset to the correct department. However, please note that the FAM module is not forgiving of any changes to location after Asset Proposal. Also, it's important to note that the FAM module is an additional module that needs to be purchased separately. As for the issue with the Amortization process, it seems that it is not flexible when it comes to changes in department or location. Unfortunately, there doesn't seem to be a straightforward solution for reallocating old amortization schedules to a different department or account. Please note that these are based on the conversations and may not fully address your specific situation. It's always a good idea to consult with a NetSuite professional or refer to the official NetSuite documentation for more detailed information.
Slack thread 1: here (available only if the original thread was posted in the last 90 days)
Similarity score: 0.845522404
Slack thread 2: here (available only if the original thread was posted in the last 90 days)
Similarity score: 0.839547396
Slack thread 3: here (available only if the original thread was posted in the last 90 days)
Similarity score: 0.808250606
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