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.
FCC Part 32 mandates a specific chart of accounts structure for federal regulatory reporting — plant accounts, expense accounts, and revenue accounts organized in a way that has no analog in standard NetSuite, which also has no native concept of prescribed-rate group depreciation. Implementations that don't account for this either maintain a parallel system, do manual reclassification every period, or end month-end with a multi-day spreadsheet exercise to produce the filing. Every approach 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 a standard GAAP chart of accounts — FiberBooks doesn't force an expanded, Part-32-specific COA on you. Part 32 asset types are flagged and restricted to your regulated subsidiaries; capitalized plant for those entities is split and tracked by FCC plant account as a transaction-level dimension, not as extra GL accounts. Standard operating transactions post to your day-to-day GL exactly as they do today. When regulatory filing is due, Part 32 statements are generated as a NetSuite report against that same underlying data. Same source of truth. Two valid presentations.
What's Included
Built in. Not bolted on.
- Standard GAAP chart of accounts — Part 32 detail lives as a mapped transaction dimension, not extra GL accounts
- Plant-account capitalization split — each FCC plant account tracked as its own asset record, not blended into one
- Prescribed-rate group depreciation, posted automatically and preserved through rate revisions (represcriptions, commission orders)
- Bottom-up plant basis — capitalized cost tied to as-built or pay-app evidence, not top-down allocation
- Continuing property records — vintage and unit-level detail without a separate CPR system
- Subsidiary-clean posting where regulated and competitive service share physical plant — no allocation step
- Part 32 financial statement templates in the formats the FCC requires
Who It's For
Built for these operators.
- Incumbent Local Exchange Carriers (ILECs)
- Telephone cooperatives subject to FCC Part 32
- Rural broadband operators receiving Universal Service Fund (USF) support
- Operators also subject to RUS (Rural Utilities Service) plant-account reporting
- ILEC holding companies running multiple regulated subsidiaries
Why C-Level
The only NetSuite solution built specifically for FCC Part 32.
Part 32 isn't a configuration most NetSuite implementers know exists, much less know how to build correctly. We do — because we built this practice around broadband operators, including the ones subject to regulated accounting. The Part 32 solution is part of the broader FiberBooks platform, which means it doesn't sit in isolation — it works alongside automated cost capture, network asset capitalization (fed by FiberBooks WMS, which originates every field material-consumption event that lands in your plant accounts), BSS/OSS integration, and grant compliance. For an ILEC already on NetSuite, adding Part 32 support is a scoped retrofit — weeks, not months, not a re-implementation. Starting fresh, it's built into the foundation from day one. One integrated foundation. Filing day stops being filing day. That BSS/OSS integration isn't locked to a fixed vendor list, either — it connects to whatever the ILEC already runs, and extends as that changes. Your regulatory accountant reviews the Part 32 module and its reporting; every other role sees the entity as it normally would — no Part 32 clutter surfacing to 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.