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Anyone know if on FAM NetSuite recognises depreciation for each day of the month, or does it round up? So an asset gets brought in on the 16th, that counts as a full month of depreciation?

I can’t remember it completly but I am pretty sure based on ours that because we have the mid-month convention - the assets on the 16th do not depreciate.

Another way to check, is to run the pre-compute script. And that iwll generate a forecast. After that you can turn the asset depreciation to false and then true again and I think that erases the forecast

I'm fairly certain it depends on your setup