View source | Discuss this page | Page history | Printable version   


This article is protected against manual editing because it is automatically generated from Openbravo meta-data. Learn more about writing and translating such documents.
Back button.png   Back to Coworking:Financial Management



Define amortization characteristics for assets owned by your company.



Define assets owned by your company and create an amortization for them.


Define assets owned by your company and create an amortization plam for them.

Asset Amortization

Add asset amortizations for a selected asset.


The Create Amortization process populates the Asset Amortization tab.

The Asset Amortization tab shows the depreciation plan of the asset based on its usable life time and its value that is the amount to be depreciated. The asset value is split within its usable life (months or years), therefore each depreciation plan line represents a percentage of the total depreciation amount of the asset.

It is important to remark that the proposed depreciation plan lines can be manually removed whenever they are not processed and posted. In that case the create amortization process can be executed once again, therefore the depreciation plan is recalculated. This is very useful in those cases where the value of an asset changes or the usable life time of an asset changes once its depreciation has started.

There is a restriction though, when removing lines, if the user plans to click the Recalculate Amortization button afterwards. The lines must be removed always starting from the latest one and without leaving undeleted lines in between. For example, having amortization lines such as:

You cannot remove the depreciation line of February until you remove the depreciation line of March.

The process assumes that if the March depreciation line exists, then the February depreciation line exists.


Create and edit G/L accounts to be used in transactions which include a selected asset.


Full list of Assets window fields and their descriptions is available in the Assets Screen Reference.

Back button.png   Back to Coworking:Financial Management

Retrieved from ""

This page has been accessed 2,265 times. This page was last modified on 13 June 2013, at 15:52. Content is available under Creative Commons Attribution-ShareAlike 2.5 Spain License.