How can I import fixed assets into NetSuite correctly, as currently, it uploads without creating depreciation histories for each asset.

AI generated answer (using internal Slack threads):

To import fixed assets into NetSuite correctly and create depreciation histories for each asset, you need to follow these steps: 1. Import the Asset: Start by importing the asset details into NetSuite using a CSV file. This will include details like the asset name, purchase date, cost, and other relevant information. 2. Import Depreciation History: After importing the asset, you need to import the depreciation history. This is done using a separate CSV file and is used to tell NetSuite how much the asset has already depreciated. This is important for NetSuite to correctly calculate future depreciation. 3. Run Depreciation: Once the asset and its depreciation history have been imported, you can run the depreciation for the asset in NetSuite. This will calculate the depreciation for the asset for the current period. Remember, the depreciation history import is only 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. If you're finding that all stages are "Not Required" when you try to run the depreciation, it could be that there's an issue with the way the depreciation history has been imported. Make sure that the CSV file is correctly formatted and that all necessary fields have been filled in. ****** Disclaimer: This response was generated by an artificial intelligence assistant based on previous conversations from multiple Slack channels, and may contain inaccuracies or mistakes. ******