NetSuite Localization-Fixed Assets Management

Report Yud Alef Form directly from NetSuite

This module provides you an easy to manage single version of the company’s owned and leased assets, a flexible depreciation and amortization schedules, seamless integration with NetSuite core accounting functionality including multiple depreciation calculation types, handling of depreciating and non-depreciating assets, maintenance schedules, lease accounting and insurance.

However, NetSuite localization does not include fixed assets “Yud Alef Form. iCloudius has developed the option to generate the annual statutory fixed assets report to the IRS (Yud Alef Form) directly from NetSuite.

To manage all your group assets in one place you need our iCloudius’ “Yud Alef” functionality feature* on top of NetSuite localization module to complement your capabilities. iCloudius “Yud Alef” functionality feature is based on: Subsidiary, Accounting book and Start date/End date.