Guidelines for Importing Mid-life Asset Records

You can import data using the CSV Import Assistant in NetSuite to create mid-life assets (assets that started depreciating). Each asset record needs a depreciation history record to capture its cumulative depreciation to date. You can import several depreciation history records for each asset, representing each prior period of depreciation.

Note:

The Acquisition History Record is automatically created if you define a depreciation start date for the asset.

Use this template as a guide when you prepare the CSV import file for mid-life assets.

To import mid-life asset records, see Importing Fixed Asset Records. For mid-life assets linked to asset types with default tax methods (alternate depreciation), you must also update the tax methods. For more information, see Updating Tax Methods and Importing Tax Method Depreciation History Records.

Related Topics

General Notices