Trusted by thousands of public and
private organizations world-wide
Supports entire asset lifecycle
Every phase of the asset’s life is accounted for and forecasted, including capital build-up, in-service placement, depreciation & adjustments, asset maintenance, physical tracking, and reporting.
Embedded in NetSuite
As a Native SuiteApp, NetAsset puts asset accounting where it should be — in your core financial system. Install NetAsset, and Netgain’s accounting processes and automation will be embedded into your NetSuite account, eliminating painful reconciliations, integrations and concerns about security and data integrity common with third-party apps.
Construction In Progress (CIP) build-up
See aggregate project costs before placing an asset in service. CIP Build-Up functionality links costs to underlying projects or custom groupings in many-to-one relationships. Simplify tracking project costs and commitments against your budget by grouping all relevant costs into a single asset.
Proper segregation of duties across AP, fixed asset, accounting & facilities teams
NetAsset leverages native NetSuite users and roles to ensure that each step in the process is performed by the right user. Rather than relying on large upfront data dumps, information is collected from employees assigned to the relevant role, simplifying workflows and ensuring greater accuracy of information.
Advanced reporting including fixed asset roll forwards and waterfall reports
Crucial reporting functionality makes forecasting and auditing easy. Included with the suite of advanced reports, NetAsset creates Fixed Asset Roll Forward reports for auditability and reconciliations and Waterfall reports for forecasting depreciation expense.