We tried something like this, maybe it will work for you too:

- define the product as Consumble, in the Accounting tab, set the Expense Account to your Fixed Asset Account.

Receiving this item will not impact your inventory and will automatically use the asset account during creation of vendor bill.

If this is a one-off case:

If using "real" inventory, I'd make an inventory adjustment to write off the product (remove it from stock).

Then add the asset.  If needed, add a journal entry to move the balance from whatever is your "inventory adjustment" account to the asset account.