733.67

v 14.0 Third Party
Availability
Odoo Online
Odoo.sh
On Premise
Odoo Apps Dependencies Invoicing (account)
Discuss (mail)
Employees (hr)
Community Apps Dependencies
Lines of code 5626
Technical Name oi_account_asset_upgrade
LicenseOPL-1
Websitehttps://www.open-inside.com
Versions 16.0 15.0 14.0 13.0
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Availability
Odoo Online
Odoo.sh
On Premise
Odoo Apps Dependencies Invoicing (account)
Discuss (mail)
Employees (hr)
Community Apps Dependencies
Lines of code 5626
Technical Name oi_account_asset_upgrade
LicenseOPL-1
Websitehttps://www.open-inside.com
Versions 16.0 15.0 14.0 13.0

Assets Upgrade

"Simple Way to Handle Betterments"

This module allows you to include upgrades for assets and automatically performs related calculations and extended lifecycle accordingly.

Description

The Odoo standard “Assets” module enables you to keep track of your fixed assets. In addition, it helps you to generate automatic depreciation entries monthly, get depreciation board, sell or dispose assets, and perform reports on your company assets.

For most of the businesses, fixed assets represent a significant capital investment; hence, applying the correct accounting procedures is critical. Sometimes, an upgrade can increase an asset’s usefulness or service life, and which should be then recognized by an increase in the asset’s net book value. The “Assets Upgrade” module has a specially designed feature that extends the performance of the Odoo standard Assets module which allows you to include upgrades in the asset form as well as automatically calculating the depreciation while registering associated items and post related journal entries.

Menus

  • Accounting

    • Accounting

      • Management
        • ⁕ Asset Upgrade

Dependencies

Key Features

  • Support for different calculation methods.

  • Managing multi-level workflow approvals.

  • Ability to register upgrades by various criteria.

  • Fully integrated with the other Odoo applications.

  • High flexibility to define different types of upgrades.

  • Ability to define "Costs" and "Vendor Bills" for upgrades.

  • Ability to track upgrades with different criteria, e.g., Asset, Upgrade Value,Date, Period Extension, Status, etc.

Demonstration

An illustration of how this extension works

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