NetSuite Solution
The only NetSuite solution built for FCC Part 32FiberBooks: run standard books. Still file Part 32.
ILECs are required to maintain accounts in accordance with FCC Part 32. Standard NetSuite doesn't support it. FiberBooks does — without changing your chart of accounts. Run standard GAAP books day to day, and Part 32 detail rides along as a mapped dimension on every transaction. Filing becomes a report, not a reconstruction.
The Problem
Most ILECs on NetSuite are running two ledgers, or one and a spreadsheet.
Standard NetSuite has no place for Part 32 plant accounts or prescribed-rate depreciation, so the filing gets built by hand. Every workaround is fragile, error-prone, and a known audit risk.
How It Works
A dimension on your existing chart of accounts, not a second one.
You keep your standard chart of accounts. FiberBooks doesn't make you adopt a second, Part 32 chart.
One set of books
Your standard GAAP chart of accounts. The Part 32 detail rides on each transaction, so there are no extra accounts to maintain.
Standard GAAP books
Operating transactions post to your chart of accounts exactly as they do today.
Part 32 statements
Generated as a NetSuite report from the same data, in the formats the FCC requires.
Same source of truth. Two valid presentations.
What's Included
What you get.
Plant-account split
Each FCC plant account is tracked as its own asset record, not blended into one.
Prescribed-rate depreciation
Posted automatically and kept through rate revisions such as represcriptions and commission orders.
Bottom-up plant basis
Capitalized cost is tied to as-built or pay-app evidence, not a top-down allocation.
Continuing property records
Vintage and unit-level detail without a separate CPR system.
Clean posting on shared plant
Where regulated and competitive service share physical plant, there is no allocation step.
FCC statement templates
Part 32 financial statements in the formats the FCC requires.
Where You Start
New to Part 32, or doing it by hand.
New to Part 32
You acquired an ILEC and inherited FCC reporting you have never run. FiberBooks gives you Part 32 from the start: standard books day to day, with the plant-account detail kept for you, so there is no learning curve to climb before your first filing.
Doing it by hand
You have carried Part 32 in spreadsheets or a parallel system for years. FiberBooks keeps your chart of accounts as it is and carries the Part 32 detail on every transaction, so filing becomes a report instead of a reconstruction.
Why FiberBooks
The only NetSuite solution built specifically for FCC Part 32.
Part 32 isn't something most NetSuite setups account for, and few know how to build it correctly. FiberBooks Part 32 Accounting is part of the broader product, so it works alongside automated cost capture, network asset capitalization (fed by FiberBooks WMS, which records every field material-consumption event that posts to your plant accounts), BSS/OSS integration, and grant compliance. For an ILEC already on NetSuite, it installs into your existing account. Starting fresh, it's built in from day one. Your regulatory accountant reviews the Part 32 module and its reporting; every other role sees the entity as it normally would, with no Part 32 clutter for non-regulated teams.
Aaron LeBato
Talk to me about Part 32.
If you're carrying Part 32 reporting today — manually, via a parallel system, or via month-end gymnastics — I'd like to hear what your current process looks like. We respond within one business day.