NetAsset Latest Release Notes

get in touch

We know NetSuite like no one else. If you have questions, we'll have answers. Ask us anything.  
Call us at +1 (303) 810-6663

  • Netgain LinkedIn
  • Netgain Facebook
  • Netgain YouTube

© 2019 by Netgain Solutions, LLC.

NETASSET 2020.1 RELEASE NOTES

Release notes highlight recent product improvements, any necessary action items, and new features to come so you can stay up to date on our product features.

UPDATES IN VERSION 2020.1

  • Generate alternate schedules in mass

  • Addition of credit bill, check, and credit card transactions as source for asset proposals/CIP

  • Improved Global Settings layout and features

  • Ability to enable or disable journal postings on transfers impacting department, class, or location

  • Department, Class, & Location filters added to scripted reports

  • Additional depreciation conventions enabled

    • Next Period

    • Mid-Month Cutoff

  • Automated capitalization & remaining depreciation calculation of mid-life assets using table-based depreciation

  • Mid-life table-based depreciation revaluation

  • Minor enhancements & bug fixes

    • Suitelet UI formatting improvements

    • Export mass processing results to .csv

    • 4-4-5 accounting normalization

    • Currency precision support

 

WHAT DO YOU NEED TO DO?

  • Your NetSuite Administrator should update your NetAsset bundle (Customization > SuiteBundler > Search & Install Bundles > List)

    • Customized Suitelets should be set to “Do Not Update Deployments”, including scripted reports

  • No other required actions

 

WHAT TO EXPECT IN THE NEXT RELEASE

  • Life-to-date adjustment/revaluation true-up support

  • Multi-book posting for alternate schedules

  • Asset rejection process

  • Global option to utilize accumulated impairment account for revaluations

As always, please reach out to support@netgain.tech for comments and suggestions.

OTHER NETASSET RESOURCES

NetAsset User Guide

NetAsset Release Notes Archive

☏  +1 (303) 810-6663        ✉️ info@netgain.tech