Muhamed YasirJan. 27, 2017
Asset management is a systematic process of deploying operating, maintaining, upgrading, and disposing of assets cost effectively. Odoo supports Asset Management. In Odoo the "Assets" module allows you to keep track of your fixed assets like Land & Building , Machinery etc. Thus, the module helps you to compute depreciation entries automatically.
Step 1: Install the Asset Management module.
Activate Asset Management.
Select Accounting > Settings > Accounting &Finance >Features > Select Asset management.
Step 3: Create Asset type.
(Asset types are used for configure all information about an assets )
Select Accounting menu > Configuration > Management > Asset Type > Create
In addition, depreciation computation method have two type Linear & Digressive.
Linear: In the depreciation method charges cost evenly throughout the useful life of a fixed asset.
Step 4: Creation of Asset & computation of depreciation.
Select Accounting > Adviser > Asset > Create.
Once your asset is created, don't forget to Confirm it. You can also click on the Compute Depreciation button to check the depreciation board before confirming the asset.
As a result, you can Create Assets Automatically from a supplier bill.
Accounting > Purchase > vendor bill > Create.
Moreover, Odoo will create depreciation journal entries automatically at the right date for every confirmed asset.