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How do I create a fixed asset account with depreciation?

on 4/10/13, 11:16 AM 3,803 views

In Chart of Account, How do I create a Fixed Asset Account with Depreciation?

From Warehouse when product is received, how do I transfer product to Fixed Asset?

Thank you


Mustufa Rangwala (mra)

--Mustufa Rangwala (mra)--
| 2 1 4
Ahmedabad, India
--Mustufa Rangwala (mra)--

- Around 7+ years of strong experience in Odoo (Formerly OpenERP) which is world's largest Open Source Business Applications driven by CEO Fabien Pinckaers. - Played key role in developing and maintaining various Odoo Product modules and integrating them on Open Source ERP Environment. - Experience on Scrum methodology for project management - Experience in Team Building - Quick Start Implementations. - Worked on almost all versions (4.0, 5.0, 6.0, 6.1, 7.0, SAAS, Trunk(8.0)...) of Odoo (Formerly OpenERP) . Specialities: Odoo Business Process And OpenERP Implementation. Odoo Application Support and Maintenance. Odoo Technical & Functional Training. Business Process Mapping & Gap Analysis (Functional and Technical Analysis)

Mustufa Rangwala (mra)
On 4/10/13, 2:50 PM


You can create supplier invoice to create asset in the assets list (Install account_asset) module.


Thank you Mustufa. So how to calculate depreciation? Some products will be depreciated over a period of 3 some 10.

on 4/11/13, 4:17 AM

When you install account_asset, in configuration you will see Asset> Asset Categories. There you can set Depreciation method and other config for that particular asset category. Or under Invoicing> Assets> Assets, when you create a new asset, you can calculate depreciation of the asset.

Hope this helps.

Thanks, Serpent Consulting Services.

Serpent Consulting Services Pvt. Ltd.
on 4/11/13, 11:35 AM

Thank you Serpent Consulting :)

on 4/12/13, 1:18 AM
Philippe Thuaud
On 8/25/17, 7:00 AM


To confirm as it is not clear yet.

We can make a purchase to a supplier, when we create the bill we can mark it as an asset and then receive the good in our asset directory.

Is that in short the process with the purchase module?

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Asked: 4/10/13, 11:16 AM
Seen: 3803 times
Last updated: 8/25/17, 7:00 AM