Sam-I-Am
06/17/2026, 2:38 PMCeligo AI
06/17/2026, 2:39 PMAI generated answer (using internal Slack threads):To set up the Fixed Asset Module's asset depreciation for a secondary book while setting up multi-book, you need to set up Alternate Method records and attach them to the assets. Here are the steps you can follow: 1. Search SuiteAnswers for "multi-book FAM depreciation" to find relevant articles that guide you through the process. 2. Set up Alternate Method records for the secondary book. These records define the depreciation method for the secondary book. 3. Attach these Alternate Method records to the assets. This will ensure that the assets follow the depreciation method defined by the Alternate Method records when calculating depreciation for the secondary book. Please note that the depreciation history for the secondary book might not generate automatically. You might need to manually generate or regenerate it. Also, remember that you can use linked depreciation methods and asset revaluations to manage the asset's value over time. The linked depreciation method allows you to change the depreciation method once the initial method expires. On the other hand, asset revaluations allow you to post a journal and change the asset’s value in a single step. ****** 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
06/17/2026, 2:39 PMSlack thread 1: here (available only if the original thread was posted in the last 90 days)
Similarity score: 0.843811095
Slack thread 2: here (available only if the original thread was posted in the last 90 days)
Similarity score: 0.824707091
Slack thread 3: here (available only if the original thread was posted in the last 90 days)
Similarity score: 0.820922911
Celigo AI
06/17/2026, 2:39 PM