How to Re-evaluate an asset

To re-evaluate an asset in Odoo, you can go to the asset’s form view and click on the ‘Re-evaluate’ button. This will open a new form where you can enter the new value of the asset and other details related to the re-evaluation.

To Re-evaluate a certain Asset,

1.   Go to  Accounting Module > Accounting > Assets then select the relevant asset.  

2.  Select an asset and Click on  "MODIFY DEPRECIATION"  & select  Re-Evaluate 

3.  Fill in the fields as follows:

 * Date:  Date of Re-evaluation 
 * Depreciable Amount :  Re evaluated depreciable amount
 * Not Depreciable Amount:  If decided
 * Gross Increase amount :  Increased amount in Re-evaluation
 * Asset counter part account:  Increased amount to be book to 
 * Depreciation account :  Odoo will automatically keep the relevant depreciation account of the asset
 * Expense account:  As always general depreciation expense account
 * Note:  Indicate the reason for modification  


4 . Once done, click on  "MODIFY".