Fixed Assets & Depreciation for Odoo 19 Community documentation

A guide to fixed assets: the categories, the assets and their schedules, the monthly entries, disposal, the PDF and access rights.

Documents version 1.0.0Updated Oct 23, 2026

About Fixed Assets & Depreciation for Odoo 19 Community Download the PDF(PDF, 1.9 MB)

Start here

In plain words: The van is in a spreadsheet, the depreciation is computed once a year by the accountant, and the entries are typed by hand. Fixed Assets & Depreciation brings the register of your assets into Odoo Community: each asset has its depreciation schedule, the monthly entries are posted for you, and a disposal makes the entry with the gain or the loss.

The register, the schedule of an asset and its disposal.

Tip: Set the accounts once in a category: every asset of that category follows it.

What you get

Feature	What it does
Categories	The accounts (asset, accumulated depreciation, expense, gain, loss), the journal, the method and the duration.
Straight-line	Equal monthly amounts, with the first month counted by days if you wish.
Declining balance	A declining factor; the schedule switches to straight-line when it is higher, and keeps the salvage value.
Monthly entries	Post each month by one click, everything that is due, or automatically each day.
Disposal	Sale or scrap: the depreciation up to the date is posted, the later entries are dropped and the entry shows the gain or the loss.
Register	Cost, depreciated, book value and next entry of every asset, with totals.
Entries	All the depreciation entries by category and year, in a pivot.
Schedule	The schedule of an asset in PDF.
Arabic	Everything is translated and works right to left.

Requirements

Item	Details
Odoo	19.0 (Community or Enterprise)
Apps needed	Invoicing (`account`)
License	OPL-1 (Odoo Proprietary License v1.0)

Install

Unzip the package. Inside is taqnix_fixed_assets.zip; unzip it to get the folder taqnix_fixed_assets.
Copy the folder into one of the addons_path folders of your Odoo server and restart Odoo.
Log in as an administrator, activate Developer mode, open Apps and press Update Apps List.
Remove the “Apps” filter, search Fixed Assets & Depreciation and press Install.

# or from the command line
./odoo-bin -c odoo.conf -d YOUR_DATABASE -i taqnix_fixed_assets --stop-after-init

A category

In plain words: Invoicing → Configuration → Asset categories. Create one for each kind of asset: its accounts, the method and the duration.

A category: declining balance over 60 months, with its accounts.

Field	Meaning
Journal	The miscellaneous journal where the entries are made.
Asset account	Where the cost is kept (for example Vehicles).
Accumulated depreciation account	The credit of each entry.
Depreciation expense account	The debit of each entry.
Gain and loss accounts	Used by the disposal.
First month by days	Straight-line: the first month is counted from the purchase date.
Post automatically	A daily scheduled action posts the entries on their date.

An asset

In plain words: Invoicing → Accounting → Assets → Fixed assets → New: the name, the category, the purchase date, the cost and the salvage value. The method and the duration come from the category and can be changed. Press Confirm: the schedule is computed.

Straight-line with the first month by days.

The entries

In plain words: Post what is due posts every entry up to today, in order. You can also post a line with its Post button, and cancel the last posted lines. The entry debits the expense account and credits the accumulated depreciation account.

The depreciation entries of all the assets, by category and year.

Tip: Entries are always posted in order. If you change the figures of a running asset, Recompute the schedule keeps what was posted and spreads the rest.

Dispose of an asset

In plain words: Dispose on a running asset: choose the date, a sale or a scrap, the sale price and the account where it goes. The depreciation up to the date is posted, the later entries are dropped, and one entry removes the asset and its accumulated depreciation and records the gain or the loss.

The disposal dialog with the book value.

The schedule

In plain words: Print schedule gives the asset, its figures and the schedule with what is posted.

Who can do what

Who	Can
Accounting readers	See the assets and the entries.
Accountants	Create assets, confirm them, post the entries and dispose of assets.
Advisors	Also create the categories, cancel entries, go back to draft and delete.

Arabic and right to left

Limits

Limit	Detail
Company currency	The assets are in the currency of the company.
Monthly entries	One entry each month, at the end of the month.
No revaluation	No impairment or revaluation entries.
The cost entry	The purchase of the asset is recorded by your vendor bill; the module does the depreciation and the disposal.

For developers

In plain words: Skip this chapter if you only use the module.

asset = env['taqnix.asset'].create({'name': 'Van', 'category_id': category.id, 'value': 30000, 'purchase_date': '2026-01-15'})
asset.action_confirm(); asset.action_post_due()
asset.book_value

Troubleshooting

Problem	What to do
“Post the entries in order”	Post the earlier line first, or use Post what is due.
“Choose the gain on disposal account in the category”	Fill the gain and loss accounts of the category.
I cannot see the Post buttons	You need the Accountant or Advisor group.
The schedule has to change	Cancel the last entries if needed, change the figures and press Recompute the schedule.

Updating and removing

Replace the folder with the new version, restart Odoo and run -u taqnix_fixed_assets. Assets, schedules and entries are kept.

Support

Installation help and bug fixes are included for 6 months, with lifetime updates. Contact us through the marketplace page where you bought the module or write to support@taqnix.com with your Odoo version and a screenshot.