Depreciation Management
Automatic Depreciation
Odoo generates a depreciation schedule
Each period creates a draft journal entry
You can:
Post manually
Or automate posting
Accounting Impact
Debit: Depreciation Expense
Credit: Accumulated Depreciation
Asset Disposal / Sale / Scrap/Re-evaluate
Disposal
Open Asset → Modify Depreciation
- Select Disposal/ sell/ Re-evaluate/ pause
- Set Loss Account -GL
Enter disposal date
Odoo:
Posts remaining depreciation
Removes asset value from books
Calculates gain or loss
Sale
Link disposal with customer invoice
Gain/Loss auto-calculated
