Update Amortization
Please contact your sales or account representative to find out how to get the Full Multi-Book Accounting feature. The assistance of NetSuite Professional Services or a Multi-Book authorized partner is required to implement this feature. You should consider contacting NetSuite Professional Services or a Multi-Book authorized partner for assistance in setting up the Adjustment-Only Books feature, even though it is not required.
Multi-Book Accounting, including the Adjustment-Only Books feature, is available only in NetSuite OneWorld.
Use this page to modify amortization schedules in secondary accounting books when Multi-Book Accounting and Revenue and Expense Management are enabled. On this page you can change the amortization schedule, its start and end dates, and check or clear the Residual box for secondary accounting books. It is the only way to modify the schedules in secondary books.
The Expense and Item subtabs from the purchasing transaction are included on this page so that you can update amortization schedules with different source types. Amortization schedules sourced from the Expense subtab do not have a default amortization schedule value.
This page opens from the Update Amortization button on purchasing transactions.