How to Dispose an Asset

To dispose of an asset in Odoo, you can go to the asset’s form view and click on the ‘Dispose’ button. This will open a new form where you can enter the disposal date, disposal method, and disposal value.

How to Dispose of an Asset

1.  Go to the  Accounting   Module > Accounting > Assets. 

2.  Open the  Asset  that you are going to dispose.  


3.  Click on the  MODIFY DEPRECIATION  button.  



4.  After clicking on  MODIFY DEPRECIATION​  > Select the action as "Dispose" > choose a date > Add the loss account > add a note and click on  Dispose.  ( You need to select the correct asset dispose/loss account. Below account selected is just for demo purposes. Please check with your Accountant if you are not sure which account to be selected).  




5.  As soon as you click on  Dispose,  it will direct you to the draft entry that was created for this disposal. Check if all fields are correct. You can click on  Post  to post this journal entry. 


Now you have completed the disposal of assets.