Assets Management - Low Value Asset

account_asset_low_value · OCA/account-financial-tools

    Repository
    OCA/account-financial-tools · module folder · Try on Runboat
    Module version
    1.0.0
    Category
    Accounting & Finance
    Folder size
    0.05 MB
    License
    AGPL-3
    Application
    No
    Auto-installable
    No
    Website
    https://github.com/OCA/account-financial-tools
    Last tracking update
    2026-08-07 08:42:53
    Authors
    Odoo Community Association (OCA), Ecosoft
    Maintainers
    Odoo Community Association (OCA), Ecosoft
    Committers
    Weblate, OCA-git-bot, oca-ci, NAKROB SAMAEL
    Odoo dependencies
    OCA/account-financial-tools:
    - account_asset_management
    OCA/reporting-engine:
    - report_xlsx_helper
    - report_xlsx
    odoo/odoo:
    - account
    - base_setup
    - base
    - web
    - onboarding
    - product
    - mail
    - bus
    - web_tour
    - html_editor
    - uom
    - analytic
    - portal
    - web_editor
    - http_routing
    - auth_signup
    - digest
    - resource
    Python dependencies
    python-dateutil
    System dependencies
    None
    Required by
    None
    Description
    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

    Code Analysis ⓘ

    Views touched (3)
    XML IDNameModelTypeStatus
    account_asset_view_form account.asset.form account.asset form Inherits account_asset_management.account_asset_view_form
    account_asset_view_search account.asset.search account.asset search Inherits account_asset_management.account_asset_view_search
    asset_low_value_remove_form asset.low.value.remove.form account.asset.remove form New
    HTTP endpoints (0)

    No HTTP endpoints found for this module.

    Models touched (2)

    New fields (1)
    • low_value Boolean
      compute='_compute_low_value' help='Low-Value Asset (LVA) is true when the asset profile set\n1. Asset Account = Expense (low value asset)\n2. Number of Years = 0 years\nIn essense, the low value asset is not really and asset but an expense tracked as asset, as such, it has no residual value. And when removed, only status is changed (no accounting entry).' search='_search_low_value' string='Low Value Asset'
    Public methods (2)
    • remove(self)
    • validate(self)

    New fields (0)

    No new fields.

    Public methods (1)
    • remove(self)

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    Status
    Open migration PR — not merged yet for this version
    CI status
    checks failing
    Open since
    94 days ago
    Last activity
    59 days ago
    Repository
    OCA/account-financial-tools
    Pull request
    [19.0][MIG] account_asset_low_value: Migration to 19.0 (#2296)