ANS-1505 · FINANCIAL REPORTING
Why Are Assets Missing from NetSuite Fixed Assets Reports?
Missing assets in NetSuite Fixed Assets reports often result from manually imported acquisition history lacking subsidiary data.
Short answer
Assets may not appear in NetSuite Fixed Assets Register and Summary Reports if their acquisition history was imported without the subsidiary field populated. Ensure all imported acquisition history records have the correct subsidiary assigned. It is generally recommended to allow NetSuite to auto-create acquisition history through standard depreciation processes.
Scenario
Users may observe that certain assets are not displayed on the NetSuite Fixed Assets Register and Summary Reports. This issue typically arises when acquisition history records for these specific assets were manually imported, while other assets had their acquisition history automatically generated by NetSuite's depreciation processes.
Solution
Assets failing to appear on NetSuite Fixed Assets Register and Summary Reports often stem from incomplete data on manually imported acquisition history records.
Review the acquisition history records for the assets that are not appearing on the reports.
Verify that the 'Subsidiary' field is correctly populated on these imported records.
It is generally recommended to allow NetSuite to automatically create acquisition history records through its standard depreciation processes rather than importing them manually, as this ensures all required fields, such as Subsidiary, are correctly populated.
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