Oracle NetSuite
Fixed Asset Management Cloud Service

NetSuite Fixed Assets Management provides comprehensive support for managing company assets throughout their lifecycle, from purchase order creation to tracking, depreciation, and disposal. With the ability to handle both depreciating and non-depreciating assets of any type, this solution simplifies asset creation by allowing you to easily default in asset types and maintain key asset details. Key capabilities of NetSuite Fixed Assets Management include:

1. Creation, management, tracking, and reporting on any asset type with ease

2. Control of all asset-related transactions, including proposals, creation, depreciation, revaluation, transfer, disposal, and split

3. Tracking of both depreciating and non-depreciating company assets

4. Creation of assets with accurate quantity and values, allowing for the creation of multiple assets from a single transaction with multiple quantities

5. Maintenance of all relevant asset details, such as insurance, lease agreements, and maintenance schedules

6. Automated defaults for asset creation, depreciation, and retirement with minimal effort

7. Tracking and depreciation of individual asset components based on their depreciable cost and useful life

8. Movement of assets between locations or subsidiaries

9. Ability to increase or decrease asset values through revaluation to reflect current market value

10. Accounting for asset expenses, including repairs.
With NetSuite Fixed Assets

11. Management, you can easily manage all aspects of your company’s assets in a single solution.