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RE: Operation related to Asset Management

Kevin McMenamin
- 22/07/2020 21:26:30

We have done quite a bit around assets and happy to share (currently still on V11)


  • Proper handling of gain/loss on disposal

  • Asset impairment

  • Depreciation start date separate from asset date

  • Accounting & Tax depreciation rates (we handle tax via reporting as typically done annually)


Plus have tidied up various accounting elements to ensure works correctly.


Happy to share.






Kevin McMenamin

ERP Capability Manager, Solnet

 +64 22 651 3753 | +64 9 977 5805 | Visit our blog | Connect on LinkedIn





From: <>
Sent: Wednesday, 22 July 2020 7:27 PM
To: Contributors <>
Subject: RE: Operation related to Asset Management


I am not sure if we need to add the book & tax feature into the base module.

I think it’s more a feature for an add-on module.




From: Jonathan Wilson <>
Sent: Wednesday, 22 July 2020 08:33
To: Contributors <>
Subject: Re: Operation related to Asset Management


Hi Kitti


My experience with decent Asset apps is that they have that functionality. Additionally, they usually have 2 modes of depreciation - "Book" and "Tax" - if we could add those features (and the ones you mentioned) I would fee a lot more comfortable offering up Odoo as a decent asset register. 

Kind regards

Jonathan Wilson

Chief Sales and Innovation Executive

WilldooIT Pty Ltd



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On Wed, 22 Jul 2020 at 16:17, Kitti Upariphutthiphong <> wrote:

Dear community,


My I check whether the following feature is relevant to OCA or being useful.


We done Odoo and got to learn some practice from an organization that deal with a lot of asset. Both normal asset, low valued asset, asset in transit, asset under construction.


They have asset operation like,

  • Change Ownership,

    • i.e, change cost center (analytic)

  • Value Adjustment,

    • i.e., knowing sometime later that, there are additional expenditure into that assets and so the value should be increased

  • Transfer (merge or split),

    • i.e., 2 asset under construction, merged as new final working Asset.

    • An normal acquired asset that splits into smaller assets.

We would love to port these features into OCA. But I am not very sure it will be useful, nor is it generic enough.


Any comments?


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