NetAsset by Netgain - Advanced Fixed Asset Management
Boost efficiency, ensure compliance, and streamline operations with NetAsset. Netgain's Advanced Fixed Asset tool enables your business to operationalize accounting, maintenance, insurance & claims, tracking and reporting throughout all aspects of the fixed asset lifecycle within your NetSuite instance.
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Overview
Advanced Fixed Asset Solution for NetSuite
NetAsset by Netgain enables your business to operationalize accounting, maintenance, insurance & claims, tracking and reporting throughout all aspects of the fixed asset lifecycle directly in NetSuite.
Key Benefits
- Drillable reports ensure complete visibility down to the asset record level in NetSuite. Propose assets from GL posting transactions including:
- Vendor Bills, Journal Entries, Item Fulfillments, Item Receipts, Inventory Adjustments, Assembly Builds
- Scheduling and tracking of ad-hoc or preventative maintenance
- Capture financial and non-financial asset data
- 100% Built for NetSuite (BFN) and fully embedded as a native SuiteApp
Key NetAsset Capabilities
- Facilitates proper segregation of duties across AP, Fixed Assets, Accounting, and Finance teams
- Advanced alternate depreciation schedules and Multi-Book capabilities
- Directly connects Vendor Bills and Projects records to asset records
- Supports Asset Revaluations, Disposals, Transfers, Splits, and Build-Ups
- Build up assets from construction in progress (CIP) accounting activities
- Supports intercompany asset transfers and eliminations
- Define capitalization thresholds
- Advanced reporting including Fixed Asset Roll Forward and Waterfall Reporting
- Enhanced reporting provides more informed decision making throughout the entire asset lifecycle
- Comprehensive physical asset tracking
- Bulk processing
- Robust end-to-end audit trail
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NetAsset by Netgain - Advanced Fixed Asset Management
