Assets Management
| Lines of Code | 3605 |
| Technical name | to_account_asset |
| License | OPL-1 |
| Website | https://viindoo.com/apps/app/17.0/to_account_asset |
| Read description for | v 12.0 v 13.0 v 14.0 v 15.0 v 16.0 |
| Required Apps | Invoicing (account) Discuss (mail) |
| Extensions | Vietnam - Account Asset Stock Asset Auto-fill asset category on vendor bill |
Demo video: Assets Management
What it does
Manage the full lifecycle of your company's assets — from acquisition to depreciation to disposal — with accurate, automated journal entries at every step.
Key Features
Asset Classification
- Organize assets by nature: Tangible, Intangible, Finance Lease, Investment Property, Biological, Deferred Expense.
- Configure reusable Asset Categories with pre-set accounting rules so every new asset is recorded consistently.
Flexible Depreciation
- Three depreciation methods: Straight-line, Declining Balance, and Accelerated Declining Balance.
- Two scheduling modes: by a fixed number of periods, or up to a target end date.
- Pro-rata (daily) calculation for assets acquired or disposed of mid-period.
- Non-depreciable policy for assets held for capital appreciation.
Automation
- Automatically create assets when a vendor bill is posted — no duplicate data entry. When an invoice line has quantity greater than one, individual assets are created for each unit.
- Depreciation entries are generated and posted on schedule with no manual intervention.
- Adjust the remaining depreciation schedule at any time — change the number of periods or the end date, and the board recalculates instantly.
Revaluation & Impairment
- Record upward/downward revaluations and impairment losses directly on the asset.
- The remaining depreciation schedule recalculates automatically after each adjustment.
Disposal, Sale & Reclassification
- Dispose of or sell assets with one click — the module calculates residual value, posts the write-off entry, and optionally generates the sales invoice.
- Reclassify an asset to a different category (e.g. own-use property → investment property) with a proper reclassification journal entry.
Analytics & Reporting
- Assign analytic distributions to assets — cost is automatically distributed across analytic accounts on every depreciation entry.
- Built-in pivot and graph views for analyzing asset values, depreciation progress, and posted vs. unposted amounts.
Localization-Ready
- Built-in hooks allow country-specific modules to auto-map accounts, set default policies, and enforce local regulations.
- Works with l10n_vn_viin_account_asset for full compliance with Vietnamese accounting standards (Circular 99 and Circular 133).
Editions Supported
- Community Edition
Installation
- Navigate to Apps.
- Search with keyword to_account_asset.
- Press Install.
Instruction
Instruction video: Assets Management
Step 1: Configure accounting accounts and depreciation method for the Asset Categories.
Step 2: Create an asset and configure depreciation information.
Step 3: Review the asset depreciation status and details of the depreciation journal entries.
Step 4: Asset revaluation.
Step 5: Asset disposal.
Step 6: Asset liquidation
This software and associated files (the "Software") may only be used (executed, modified, executed after modifications) if you have purchased a valid license from the authors, typically via Odoo Apps, or if you have received a written agreement from the authors of the Software (see the COPYRIGHT file).
You may develop Odoo modules that use the Software as a library (typically by depending on it, importing it and using its resources), but without copying any source code or material from the Software. You may distribute those modules under the license of your choice, provided that this license is compatible with the terms of the Odoo Proprietary License (For example: LGPL, MIT, or proprietary licenses similar to this one).
It is forbidden to publish, distribute, sublicense, or sell copies of the Software or modified copies of the Software.
The above copyright notice and this permission notice must be included in all copies or substantial portions of the Software.
THE SOFTWARE IS PROVIDED "AS IS", WITHOUT WARRANTY OF ANY KIND, EXPRESS OR IMPLIED, INCLUDING BUT NOT LIMITED TO THE WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE AND NONINFRINGEMENT. IN NO EVENT SHALL THE AUTHORS OR COPYRIGHT HOLDERS BE LIABLE FOR ANY CLAIM, DAMAGES OR OTHER LIABILITY, WHETHER IN AN ACTION OF CONTRACT, TORT OR OTHERWISE, ARISING FROM, OUT OF OR IN CONNECTION WITH THE SOFTWARE OR THE USE OR OTHER DEALINGS IN THE SOFTWARE.
