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Assets Management - Low Value Asset

Project description

Alpha License: AGPL-3 OCA/account-financial-tools Translate me on Weblate Try me on Runbot

Low-Value Asset (LVA) are typically asset with low values and was booked as expense on vendor bill. In essence, the low value asset is not really and asset but an expense need to tracke as asset. As such, it has no residual value, run no depreciation. And when removed, only status is changed (no accounting entry).

To create low value asset, use the Asset Profile with following setting,

  1. Asset Account = Expense (low value asset)

  2. Number of Years = 0

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Bugs are tracked on GitHub Issues. In case of trouble, please check there if your issue has already been reported. If you spotted it first, help us smashing it by providing a detailed and welcomed feedback.

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Authors

  • Ecosoft

Contributors

Maintainers

This module is maintained by the OCA.

Odoo Community Association

OCA, or the Odoo Community Association, is a nonprofit organization whose mission is to support the collaborative development of Odoo features and promote its widespread use.

Current maintainer:

kittiu

This module is part of the OCA/account-financial-tools project on GitHub.

You are welcome to contribute. To learn how please visit https://odoo-community.org/page/Contribute.

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