EBENSTEAD
Menu
Ebenstead / NetSuite Intelligence

Are we using FAM correctly?

FAM 26.2 adds checks for stale and duplicate depreciation history without journal entries. Use the findings as a starting point for a fixed-asset and roll-forward review—not as proof that balances are wrong.

← All NetSuite Intelligence

Fixed assetsOptional improvement
Why it matters

Use the diagnostics and roll-forward to understand asset movements and investigate differences before changing history.

First step

Review diagnostics alongside a period roll-forward and GL comparison.

Suggested owner

Finance and fixed-assets owner

Who should check?

Finance teams using the Fixed Assets Management SuiteApp, particularly those investigating depreciation differences, forecast history, asset resets or an asset-to-GL reconciliation that is hard to explain.

Availability, not a migration deadline

  1. FAM SuiteApp 26.2Optional duplicate/stale depreciation-history diagnostics and smaller-batch Asset Reset cleanup.

Check your Oracle account notice before scheduling an update.

What to do next

  • Confirm the installed SuiteApp version, permissions, asset population and reporting period.
  • Review diagnostic findings and use a roll-forward to explain cost, accumulated depreciation and net book value movements.
  • Compare the result to the GL, document exceptions and agree any repair or automation separately.

What we’ll review

Installed FAM version, an agreed asset population and period, diagnostic results, asset cost and accumulated-depreciation activity, GL mappings, and a finance owner for reconciliation decisions.

Sources and updates

Oracle documentation

FAM 26.2 accounting SuiteApp release notes ↗Oracle document date: 2026-09-21 · Source checked:
FAM Diagnostics Portlet ↗Oracle publication/update date not stated on this page. · Source checked:

Update history

  • 2026-10-17 — Added this guide using existing Oracle documentation.

Follow this topic via RSS

Let’s discuss your NetSuite needs

Tell us what you need help with.

This form sends us a message. It does not connect to NetSuite or sign you up for marketing emails.

Topic: FAM Health & Roll-Forward Review

Please leave out passwords and sensitive records. We’ll use your details to reply, not subscribe you to marketing. Privacy information.