Alternate Methods (Tax Depreciation Methods)

The Fixed Assets Management SuiteApp enables you to set up multiple alternate methods of asset depreciation for tax reporting purposes. Alternate methods are not linked to NetSuite journal postings. You can apply more than one tax depreciation method to an asset record, and view a Depreciation Schedule Report based on the asset type of the asset record. You can also create a group tax depreciation method that you can use for a pool of assets.

To set up and use tax depreciation methods, read the following topics:

Related Topics

General Notices