NetSuite Changelog
Fixed Assets ManagementRelease NotesNew Feature

New FAM Diagnostics for Depreciation History Records in NetSuite

NetSuite 2026.2 introduces new FAM Diagnostics processes for identifying duplicate and stale Depreciation History Records, improving accuracy.

·2 min read·NetSuite 2026.2·From NetSuite Release Notes PDF

TL;DR: Starting in NetSuite 2026.2, two new diagnostic processes have been added to the FAM Diagnostics portlet: Check Duplicate DHRs and Check Stale DHRs. These enhancements allow users to identify Depreciation History Records (DHRs) without journal entries that can impact depreciation processing.

What Are Depreciation History Records?

Depreciation History Records are crucial for tracking the depreciation of assets within the Fixed Assets Management (FAM) module. They can influence financial reports and asset valuation.

New Diagnostic Processes

Check Duplicate DHRs

  • Purpose: Detects duplicate Depreciation History Records that may occur when prior forecast DHRs are not cleared before generating new forecast DHRs.
  • Impact: Duplicate records can lead to erroneous depreciation amounts being calculated, impacting financial accuracy.

Check Stale DHRs

  • Purpose: Identifies stale DHRs that arise when forecast DHRs are created but the corresponding Asset Value records are not updated correctly.
  • Impact: Stale DHRs may misrepresent asset values, as they fail to reference the current depreciation date or the latest related Asset Value record.

How to Use the New Diagnostics

Users can run these diagnostics from the FAM Diagnostics portlet or schedule them through the FAM System Setup page. When affected records are identified, users have the option to open the Review Assistant and download a CSV file to assess the DHRs selected for deletion.

Who This Affects

  • Administrators: Need to maintain accurate asset records and ensure financial integrity.
  • Financial Managers: Rely on precise DHRs for financial reporting and audits.
  • Accountants: Must address any discrepancies arising from duplicate or stale records.

Key Takeaways

  • New FAM diagnostics help ensure clean, accurate Depreciation History Records.
  • Duplicate records can lead to inflated depreciation amounts.
  • Stale records can misrepresent asset values.
  • Easy access to diagnostics via the FAM Diagnostics portlet enhances user efficiency.
  • CSV downloads facilitate review and management of affected records.

Frequently Asked Questions (4)

Do the new FAM Diagnostics for Depreciation History Records require any feature flags to be enabled first?
The article does not mention the need for enabling any feature flags for using the new FAM Diagnostics. It is available from NetSuite 2026.2 onwards.
Can I schedule the new FAM Diagnostics processes to run automatically?
Yes, you can schedule the diagnostics through the FAM System Setup page in NetSuite.
How do the Check Duplicate and Check Stale DHRs impact financial reporting and audits?
Check Duplicate DHRs can prevent erroneously inflated depreciation amounts, while Check Stale DHRs ensure asset values are accurately portrayed. Both are crucial for maintaining financial integrity and accurate reporting.
What happens if a Depreciation History Record (DHR) is identified as stale but the asset value record is up-to-date?
The diagnostics identify stale DHRs based on discrepancies between forecast DHRs and the corresponding Asset Value records. If a DHR is flagged as stale despite a current asset value, users must investigate and manually reconcile any discrepancies.
Source: Depreciation History Records — NetSuite Release Notes PDF. This article was generated from official Oracle documentation and enriched with additional context and best practices.

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