Yes.

Odoo multi-ledger postings for fixed assets allow you to record a single asset's financial data across different accounting standards or journals simultaneously, such as for local GAAP and IFRS.

This is managed through a dedicated multi-ledger configuration and can be enabled for complex scenarios like multinational companies or businesses that require simultaneous reporting under multiple sets of rules.

An asset can generate two separate, but linked, asset entries from a single vendor bill, with each entry posted to its respective journal.

Example: We purchase a machine for $50,000 and want to depreciate it (a) for book purposes: over 5 years with straight line depreciation and a salvage value of $5,000; and (b) for tax purposes: over 7 years with 200% declining balance with a half-year conversion, ignoring the salvage value (MACRS rules). 

We record a process the Vendor Bill as usual, with our Machines & Tools Fixed Asset account configured to create draft fixed assets (ie: let us edit them before posting):

After confirming our Asset is setup correctly and reviewing the Depreciation Board, we confirm it. This handles the (a) book purposes depreciation using our Fixed Assets Journal.

We now duplicate the Asset so we can change the Journal, Not Depreciable Value and Depreciation Method. For cases where Odoo can't automatically calculate the depreciation entries, we can edit them on the board.

Depreciation Schedule for the Fixed Assets Journal:

Depreciation Schedule for the Tax Purpose Fixed Assets Journal:

Notes: 

• Odoo 19 with the standard US Chart of Accounts is already configured with a Machines & Tools GL account and Asset model.
• Under section 179 of the tax code (IRS) likely allows us to expense the entire $50,000 in Year 1 so this is more a fictional example than a real one.

More information https://www.odoo.com/documentation/19.0/applications/finance/accounting/vendor_bills/assets.html