Fixed Asset Mgmt
Complete fixed-asset lifecycle: depreciation (SL/DB/MACRS/units), transfers, disposals, impairment, revaluation, maintenance, insurance and IFRS 16 leases
Take full control of your fixed assets in Odoo. This advanced fixed asset management module covers the entire asset lifecycle: an asset register with categories, multiple depreciation methods (straight-line, declining balance, declining-then-straight-line, units of production, and a real MACRS table per US IRS Publication 946), automatic depreciation board generation with balanced journal posting, asset transfers, disposals with automatic gain/loss, impairment (IAS 36 style), revaluation, maintenance scheduling, insurance tracking, and IFRS 16 lease accounting. Designed for manufacturers, real estate, fleets, healthcare and IT teams that need accurate, audit-ready asset control across every accounting period.
Key Features
Asset Register & Categories
Maintain a centralized asset register with category defaults, parent-child asset hierarchy and component tracking. Track full lifecycle status from draft to in service, disposed or fully depreciated, with barcode / RFID tagging and a physical-verification register for inventory counts.
Depreciation Methods (incl. MACRS)
Calculate depreciation with straight-line, declining balance, declining-then-straight-line, units of production, and a real MACRS table based on US IRS Publication 946. Configure annual or monthly periods to match your accounting calendar.
Depreciation Board & Posting
Automatically generate the depreciation board and post balanced journal entries to account.move. An optional scheduled action runs depreciation periodically so your books stay current with zero manual effort.
Asset Transfers
Record location transfers, department transfers, custodian changes and inter-company transfers. Every movement is captured with a full chatter audit trail so asset custody is always traceable.
Disposals with Gain/Loss
Handle sale and scrap / write-off disposals with automatic gain or loss calculation, an approval workflow and a generated disposal journal entry that posts the result cleanly to your accounts.
Impairment & Revaluation
Run IAS 36 style impairment analysis with recoverable-amount comparison and impairment-loss journal recognition. Revalue assets to fair value with a surplus journal entry and optional depreciation-board reassessment.
Maintenance & Insurance
Schedule preventive, corrective and inspection maintenance with recurring schedules, technician assignment, cost tracking and reminder activities. Track insurance policies, coverage, premiums, automatic expiry status, renewal alerts and claims.
IFRS 16 Leases
Account for leases under IFRS 16 with classification (finance / operating / short-term exemption), present-value lease liability, right-of-use asset creation and a full liability amortization schedule.
Use Cases
Screenshots
Physical Tracking
Fixed Assets
Asset Categories
Asset Disposals
Impairments
Insurance
Why Choose This Module
Fixed Asset Mgmt is a complete, real-functionality solution that replaces spreadsheets and disconnected tools with one audit-ready system inside Odoo. Every feature is fully implemented: depreciation posts balanced journal entries, disposals compute real gain/loss, impairment and revaluation recognize the correct accounting, and IFRS 16 leases build genuine amortization schedules. With a full chatter audit trail on assets, transfers, disposals and maintenance, asset analytics for utilization and return on assets, and support for both Community and Enterprise editions across Odoo 18.0 and 19.0, it gives finance and operations teams accurate, traceable control over the entire asset lifecycle.
Specifications
- Compatible: Odoo 18.0 / 19.0
- License: OPL-1
- Languages: English
- Author: Pokutsoft
- Dependencies: account, hr
- Support: support@pokutsoft.com
Update date: 2026-07-09