nkhatri
03/02/2026, 3:13 PMCeligo AI
03/02/2026, 3:13 PMAI generated answer (using internal Slack threads):The error "Write-down Amount cannot go over zero value" typically occurs when you're trying to write down an asset's value to a negative amount. In NetSuite, the write-down amount cannot be negative. If you're trying to increase the cost of an asset, you should use a write-up revaluation instead of a write-down. A write-up revaluation increases the value of an asset, while a write-down decreases it. For reducing the value of a specific lot without returning or reducing quantity, you can do an inventory adjustment. First, do an inventory adjustment out, then do an inventory adjustment in with a 24-hour gap. This will bring it back at the value you enter on the second adjustment. Make sure both entries go to the same expense account at the header. For reducing the fixed asset acquisition cost because of a Bill Credit received after the fixed asset is created, and increasing its cost due to additional costs that were incurred after creating the fixed asset, you can use the Asset Revaluation feature. If it's additional costs, then you'd do a write-up revaluation. Sometimes people create a new asset and link it to the parent asset for additional costs. ****** 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
03/02/2026, 3:14 PMSlack thread 1: here (available only if the original thread was posted in the last 90 days)
Similarity score: 0.869567871
Slack thread 2: here (available only if the original thread was posted in the last 90 days)
Similarity score: 0.837219119
Slack thread 3: here (available only if the original thread was posted in the last 90 days)
Similarity score: 0.834350586
Celigo AI
03/02/2026, 3:14 PM