Way4Tech
Accounting/Accounting Odoo 19.0 On Odoo Apps
Assets & Depreciation icon

Assets & Depreciation

Fixed asset register with automatic depreciation boards, posting to the ledger, revaluation, disposal and sale, for Odoo Community.

Category
Accounting/Accounting
Odoo version
Odoo 19.0
Price
USDย 89
Odoo Apps Store
Listed

A fixed asset register that keeps its own books. Odoo Community has no asset management at all, so depreciation is usually kept in a spreadsheet and typed into the ledger by hand. This puts it back in Odoo.

Assets & Depreciation in Odoo

The register

  • โœ“ An asset carries its gross value, salvage value, acquisition date and the accounts it posts to
  • โœ“ Asset types hold the defaults, so a new asset needs three fields and nothing more
  • โœ“ Book value, depreciated value and remaining value are always current
  • โœ“ Assets can be created straight from a vendor bill line, in one click

Depreciation

  • โœ“ Three methods: straight line, declining balance, and declining balance that switches to straight line when that becomes the better figure
  • โœ“ Monthly, quarterly or yearly periods
  • โœ“ Prorata temporis, so an asset bought mid-period depreciates from the day it was bought rather than the whole period
  • โœ“ The board is recomputed whenever the asset changes, and never touches a line that has already been posted

Posting

  • โœ“ Each depreciation line becomes a real journal entry
  • โœ“ Post by hand, or let the scheduled action post each line as it falls due
  • โœ“ The entry is linked back to the line, and the line back to the entry

Over the asset's life

  • โœ“ Revalue upwards or downwards, with the remaining board rebuilt from the new value
  • โœ“ Pause and resume, for an asset that is out of service for a while
  • โœ“ Dispose of an asset, or sell it, and the gain or loss is worked out and posted for you
  • โœ“ A full depreciation schedule you can print for any asset or for the register
  • โœ“ Requires nothing but Odoo Accounting.

What you get

  • โ†’Full module source code: Python, OWL, XML and CSS
  • โ†’Installation on your Odoo instance, or a copy you install yourself
  • โ†’Written documentation and a user guide
  • โ†’A one-hour walkthrough with your team
  • โ†’90 days of bug-fix support

Buy it on the Odoo Apps Store

Assets & Depreciation is published on apps.odoo.com at USDย 89. Buy there and you get every update we publish for that version.

View on Odoo Apps

Related modules

Need it to work a little differently?

Every module here started as a client request. Tell us what is missing and we will quote the change, or build the thing you actually need.