Basic Accounting

Post Time Entries > Error Message: "Invalid Account Reference Key on Currency XX"

An error is being generated when posting time: "Invalid Account Reference Key on Currency XXX"

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Saved Search for Fixed Assets and Their Remaining Lifetime Before They Fully Depreciate

User wants to see a list of the asset records and their remaining lifetime before they fully depreciate.

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Create Saved Search of Fixed Assets Without Asset Values

Asset Value records are normally generated by NetSuite upon Asset creation. User needs to find Asset records that do not have any related Asset Value records.

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Saved Search to Fixed Assets Future Depreciation

User would like to create a report or saved search that projects the remaining depreciation for each asset into the future

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Importing Fixed Asset Records

Go to Setup > Import/Export > Import CSV Records.

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Roles and Permissions for Australia Bank Feeds SuiteApp

The Australia Bank Feeds SuiteApp has no built-in default or custom roles. To use the SuiteApp, you can either use the Accountant (ABFS) custom role or customize existing roles in your account.

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Installing the Australia Bank Feeds SuiteApp

This section includes the prerequisites and instructions for installing the Australia Bank Feeds SuiteApp.

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Australia Bank Feeds FAQs

Does the Australia Bank Feeds SuiteApp have a cost?No. The Australia Bank Feeds SuiteApp is a free and managed SuiteApp. As a managed SuiteApp, it automatically updates whenever there are enhancements or new features added.

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NetSuite Australia Bank Feeds SuiteApp

The Australia Bank Feeds SuiteApp is a single-page SuiteApp that automates the transfer of your bank data from financial institution accounts in Australia into NetSuite.

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Error: "Invalid custrecord_propdisposalitem reference key xx" During Asset Proposal

User is processing an Asset Proposal when an error message of INVALID_KEY_OR_REF Details: Invalid custrecord_propdisposalitem reference key xxis encountered.

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Mapping Asset Values to FAM Reports

When you customize your asset report templates, you must make sure that the Asset Values record is updated accordingly. If you have included any of the following fields in your asset report template, you must edit the report line to update the source values:

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Fixed Asset Report Not Balanced With GL Report

Fixed Asset Report uses Depreciation History records to determine the amounts that it will show. This is usually the reason why Fixed Asset Report does not match with the GL Report. - Duplicate Acquisition History Record

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Repercussions of Asset Depreciation Re-run

User wants to know what are the repercussions when performing an asset depreciation re-run in case additional Asset Record is created for same time period.

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Sum-up All Child Proposals to Generate a Single Asset

The Asset Proposal feature in the Fixed Assets Management SuiteApp enables you to propose all the transaction line items in the original transaction.

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Asset Revaluation Error: INVALID_DATA: Depreciation Rules must be specified

The User encountered an error when processing Asset Revaluation. Error: INVALID_DATA: Depreciation Rules must be specified.

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Delete Duplicate Acquisition Records of Fixed Assets

User is trying to delete duplicateAcquisitionrecords ofFixed Assets.

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Set Up Budgets for Elimination Subsidiaries

By default, Elimination Subsidiaries are not included when setting up Budgets in NetSuite.

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Account Shows the Parent Account Even Though Only Show Last Subaccount Preference Is Enabled

The Account field in the transaction shows the parent account even though the Only Show Last Subaccount preference is enabled.

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Creating an Expense Category

Expenses can be grouped into expense categories that are associated with specific expense accounts.

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Resolve Error: "INVALID_FLD_VALUE: You have entered an Invalid Field Value XX for the following field: custrecord_assetregister_src_asset"

Scenario

This error is encountered when there are Assets that have components and one of these components is set to inactive.

Solution

Create a saved search to look for all the inactive Assets:
  1. Go toList>Search>Saved Searches>New
  2. ClickFAM Asset
  3. Search Title: Input title of your search
  4. Standard Tab>Filter> Search forInactive :clickYes,clickSet
  5. Results Tab: Make sure to check thatComponent Ofis added
  6. ClickSave & Run

Once you have identified all inactive assets, manually check which are part of a component using the Component of column.

In order to get rid of the error, you can inactivate the related component record, or you will have to activate the existing inactive component FAM record before running the report.

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