Fixed Assets

NetSuite Fixed Asset Management enables you to maintain and control the complete asset life cycle from creation to depreciation, revaluation and retirement. Its detailed asset management functionality supports multiple depreciation calculation types, handling of depreciating and non-depreciating assets, maintenance schedules, lease and insurance.

NetSuite Fixed Assets allows you the flexibility to select which accounting period to depreciate. As an example, with fixed assets seasonal withdrawal and depreciation, you can choose not to depreciate the asset using asset lifetime usage. Instead, you have the option to stop the asset depreciation during downtime.

Key Benefits

• Manage the complete asset life cycle.
• Completely integrate asset management with accounting.
• Easily report on all fixed assets.
• Eliminate manual effort and multiple spreadsheets.
• Leverage support for all standard depreciation methods.