Rio Devera
05/26/2025, 11:17 PMCeligo AI
05/26/2025, 11:17 PMAI generated answer (using internal Slack threads):Based on the conversations, the solution for a low pool value asset can be approached in a couple of ways: 1. Asset Revaluation: This is a method used to adjust the value of an asset to reflect its current market value. This can be done through a write-down or write-up revaluation. A write-down revaluation is used to reduce the fixed asset acquisition cost, while a write-up revaluation is used to increase the cost due to additional costs incurred after creating the fixed asset. 2. Creating a Compound Asset: This is another method where a new asset is created and linked to the parent asset. This is usually done when there are additional costs incurred after creating the fixed asset. 3. Inventory Adjustment: This is used to record material loss. For example, if an item in stock is found to be no good, an inventory adjustment can be made to decrease the asset value. This can be done by going to Transactions > Inventory > Adjust Inventory in NetSuite. ****** 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
05/26/2025, 11:17 PMSlack thread 1: here (available only if the original thread was posted in the last 90 days)
Similarity score: 0.771356404
Slack thread 2: here (available only if the original thread was posted in the last 90 days)
Similarity score: 0.76757586
Slack thread 3: here (available only if the original thread was posted in the last 90 days)
Similarity score: 0.767495096
Celigo AI
05/26/2025, 11:17 PM