Fixed asset management is crucial for accurate financial reporting and tax compliance. Odoo Asset Management provides complete lifecycle tracking from purchase to disposal, with automatic depreciation calculations, maintenance scheduling, and comprehensive reporting. Whether you have a few assets or thousands, Odoo keeps your asset records accurate and up-to-date.
What is Odoo Asset Management?
Odoo Asset Management is a module that tracks fixed assets throughout their lifecycle. It handles asset acquisition, depreciation calculation using various methods (straight-line, declining balance, etc.), maintenance scheduling, and disposal. The module automatically generates journal entries for depreciation and integrates with accounting for complete financial visibility.
Odoo Asset Management Features
Asset Tracking
Track all fixed assets with detailed information including location, custodian, and value.
Automatic Depreciation
Calculate depreciation using straight-line, declining balance, or custom methods.
Multiple Asset Categories
Define different categories with specific depreciation rules and accounts.
Maintenance Scheduling
Schedule and track maintenance activities for each asset.
Asset Disposal
Handle asset sales, write-offs, and disposals with proper accounting.
Asset Reports
Generate asset register, depreciation schedule, and disposal reports.
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Benefits of Odoo Asset Management
Accurate Financials
Automatic depreciation ensures your books accurately reflect asset values.
Tax Compliance
Track tax depreciation separately from book depreciation where required.
Better Asset Utilization
Know what assets you have and where they're located.
Reduced Manual Work
Automate depreciation journal entries and save accounting time.
Odoo Asset Management Use Cases
Equipment Tracking
Track machinery, vehicles, and equipment across locations.
ManufacturingIT Asset Management
Manage computers, servers, and IT infrastructure.
TechnologyProperty Management
Track buildings, improvements, and real estate assets.
Real EstateFurniture & Fixtures
Manage office furniture and fixture depreciation.
CorporateOdoo Asset Management FAQ
Odoo supports straight-line, declining balance, sum-of-years digits, and custom depreciation methods. You can configure different methods for different asset categories.
Related Topics
Manage Your Fixed Assets with Odoo
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