Illustrative previewTrack, depreciate, revalue and dispose fixed assets with automated journal entries and a complete asset register in Odoo.
What is Fixed Asset Management & Depreciation?
Track, depreciate, revalue and dispose fixed assets with automated journal entries and a complete asset register in Odoo. Built to order by ECOSIRE for Odoo 17, 18, 19 — indicative price from $999.00 USD; request a quote for a scoped proposal.
Key Features
Built to order, done for you
No DIY setup — a working app, built, installed and supported by ECOSIRE.
- 1
You order
Start with a one-time build price. We scope it with you at kickoff.
- 2
We build & install
ECOSIRE builds, configures and installs it on your Odoo.
- 3
Go live + support
You go live in about one working week, with two weeks of go-live support. Defects in the code we deliver are fixed free of charge.
Technical Specifications
- Odoo Compatibility
- Odoo 17, Odoo 18, Odoo 19
- Editions
- Enterprise & Community
- License
- Licence confirmation required
- Python Requirement
- Python 3.10+
- Database
- PostgreSQL 12+
About this Product
Odoo Community ships with no asset accounting, and even Enterprise's asset tools leave gaps around custom depreciation curves, mid-life revaluation, impairment and clean disposal posting. This is a build-to-order Odoo module: ECOSIRE designs, builds, installs and supports a complete Fixed Asset Management & Depreciation solution tailored to your chart of accounts and reporting needs. It is not an instant apps.odoo.com download — after purchase our engineers scope your requirements and deliver a production-ready module in one working week, on Odoo 17, 18 or 19 (Community or Enterprise).
At its core is a dedicated asset register modeled as a proper models.Model with typed fields (Monetary for gross/net book value, Date for acquisition and start dates, Many2one to account.account for the asset, depreciation and expense accounts). Every asset belongs to an asset category that carries default accounts, useful life and method — so posting a new asset is consistent and auditable. Net book value and accumulated depreciation are computed fields driven by @api.depends, recalculating automatically whenever a depreciation line posts, an asset is revalued, or a disposal is recorded.
Depreciation supports straight-line, declining balance (with configurable rate) and fully custom board schedules your accountant can edit line by line before posting. A scheduled automated action (ir.cron) generates and posts the monthly or annual depreciation account.move entries against the accounts defined on the category — no manual journals, no missed periods. Revaluation and impairment flows adjust the carrying amount and post the corresponding entries, and disposal or sale computes gain/loss automatically (proceeds vs. net book value) and posts it to the accounts you nominate. Security is enforced with ir.model.access.csv plus record rules so only accounting roles can post or dispose, and multi-company setups keep each company's register isolated.
You get list, form and pivot views (XML/OWL) for the register, a QWeb PDF asset register and depreciation schedule report, and — when needed — XML-RPC/JSON-RPC endpoints so external systems can read the register or trigger runs. ECOSIRE hands over the full module source, configured categories, documentation, a training session and a support window. You own the code and can extend it; we back it for your Odoo version.
What you get
- Complete Odoo module source (Python models, XML/OWL views, security CSV, QWeb reports) targeting your Odoo 17, 18 or 19 instance
- Installation and configuration on your server, staging first then production, with your chart of accounts wired in
- Configured asset categories with default accounts, useful-life and depreciation method matched to your accounting policy
- Data migration or opening-balance import of existing assets and accumulated depreciation (where source data is provided)
- Administrator and accountant documentation covering register, depreciation runs, revaluation and disposal
- Live training session for your finance team plus a recording
- Post-launch support window (bug fixes and adjustments) for your Odoo version
- Version-compatibility guarantee and paid upgrade path for future Odoo major releases
Who this is for
Community-edition finance lead
Runs Odoo Community, which has no native asset accounting at all, and needs a proper depreciation and asset register without paying for the full Enterprise jump.
Asset-heavy operations controller
Manages plant, machinery, vehicles or IT fleets and needs custom depreciation curves, revaluation and clean disposal posting that native tools do not fully cover.
Accountant preparing audited statements
Needs an auditable asset register, dated depreciation schedules and automatic gain/loss on disposal, with QWeb reports and role-based controls for sign-off.
How Fixed Asset Management & Depreciation Compares
| Criterion | ECOSIRE | Custom Build | Competitor | Odoo Native |
|---|---|---|---|---|
| Availability in Odoo Community | Full asset register and depreciation, works on Community | Possible but you build everything from scratch | Some Community modules exist, quality varies | None — Community has no asset accounting |
| Depreciation methods (straight-line, declining, custom board) | All three, with editable custom boards | Whatever you code and maintain yourself | Usually straight-line, sometimes declining | Straight-line and declining (Enterprise only) |
| Revaluation and impairment | Built and posted to your nominated accounts | Only if you design and test it | Rarely included or partial | Limited / manual in core |
| Disposal with automatic gain/loss posting | Automatic proceeds vs. net book value posting | Manual to build and audit | Varies; often incomplete | Basic on Enterprise, absent on Community |
| Fit to your chart of accounts and policy | Configured to your exact accounts and useful lives | Fully custom but all on you | Generic defaults, limited configuration | Generic Odoo defaults |
| Ownership and extensibility of the code | You own the full source and can extend it | You own it but carry all build cost | Vendor-controlled, black-box updates | Core code, not tailored to you |
| Support, updates and version upgrades | Support window plus paid upgrade path (17/18/19) | You maintain it indefinitely | Depends on the third-party author | Covered by Odoo Enterprise subscription only |
Frequently Asked Questions about Fixed Asset Management & Depreciation
Is this an instant download from the Odoo App Store?
No. This is a build-to-order module. After purchase, ECOSIRE scopes your chart of accounts, depreciation policy and reporting needs, then builds, installs and configures the module on your instance. You are buying an engineered, supported solution — not a self-service ZIP.
How long until it is live? What is the delivery lead time?
Typical delivery is one working week from a completed requirements call, depending on how many depreciation methods, categories and integrations you need. We install to a staging database first, validate depreciation runs and disposal postings with your accountant, then promote to production.
What support and updates do I get after delivery?
You receive a post-launch support window covering bug fixes and adjustments on your Odoo version, plus documentation and training. When you upgrade to a future Odoo major release (e.g. 17 to 19), we offer a paid compatibility upgrade. You own the full source and can extend it yourself.
Which Odoo versions and editions does it work with?
Odoo 17, 18 and 19, on both Community and Enterprise. It is especially valuable on Community, which ships with no asset accounting, but it also extends Enterprise where you need custom depreciation curves, revaluation or impairment beyond the standard tools.
How are depreciation entries actually posted?
An automated action (ir.cron) generates depreciation lines on your chosen schedule and posts standard account.move journal entries against the depreciation and expense accounts defined on each asset category. Net book value and accumulated depreciation are computed fields, so the register stays accurate after every posting, revaluation or disposal.
Can it handle revaluation, impairment and asset disposal?
Yes. Revaluation and impairment adjust the asset's carrying amount and post the corresponding journal entries. Disposal or sale automatically computes gain or loss as proceeds minus net book value and posts it to the accounts you nominate, closing out remaining depreciation.
Can external systems read the register or trigger depreciation runs?
Yes. Standard Odoo XML-RPC and JSON-RPC give authenticated external systems read access to the asset register and, where you want it, the ability to trigger a depreciation run programmatically. We can scope exactly which endpoints and fields are exposed.
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Fixed Asset Management & Depreciation
Track, depreciate, revalue and dispose fixed assets with automated journal entries and a complete asset register in Odoo.
- Dedicated asset register (models.Model) with categories carrying default asset, depreciation and expense accounts, useful life and method
- Straight-line depreciation with configurable start date and pro-rata first period
- Declining-balance depreciation with configurable rate and optional switch-to-straight-line
- Fully custom depreciation boards your accountant can edit line-by-line before posting