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Fixed Asset - Partial disposal of an asset

Would be good to have a function within fixed asset register that allows to part dispose of an asset and to revalue.

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Abbie Bennett shared this idea  ·   ·  Report…  ·  Admin →
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under review  ·  AdminKelly Munro (Community Manager, Xero) responded  · 

Hi everyone, thanks for sharing your support for part disposal of Fixed Assets in Xero.  Being transparent - current work for the team requires focus on upgrades to Fixed Asset technology. 


However, we’re thinking of what comes next and partial disposal of an asset figures strongly in this. Please continue to detail your particular use cases here in Product Ideas.


As we continue forming the future of Fixed Assets in Xero insights from Product Ideas here will feed into the team's plans.

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  • Karen Hosty commented  ·   ·  Report

    I think it would be good if Xero responded to all the comments requesting this facility, I don't think I've seen any updates from them after their post on 13.07.22.

  • Gideon Gideon commented  ·   ·  Report

    It needs to be updated for the feature of partially disposed of fixed assets, It will help us to reconcile the list of fixed assets in Xero. Please added that feature as soon as possible.

  • Lorraine Laplante commented  ·   ·  Report

    Agreed, this is a basic critical feature that should be part of any accounting program, this needs addressing. This causes imbalance in fixed asset module if people start using manual entries to fix costs and accumulated depreciation to avoid the removal of complete asset to add back in partial (which makes no accounting sense)

  • Evelyn Burns commented  ·   ·  Report

    Part disposal of assets is a critical feature that should be added. As an accountant, I was a bit surprised that this is not currently available as it is common for assets to be partially disposed in my experience.

    The number of comments on this page alone suggest this would be a highly valued functionality.

  • Gillian Peoples commented  ·   ·  Report

    As per earlier comments. Partial disposal of a fixed asset needed.

  • Henrik Maier commented  ·   ·  Report

    We also came across this issue as we purchased a set of furniture and now have disposed of some tables and shelves. There is no way to do this in Xero atm.
    Looks like we have to run a separate Spreadsheet to manage our fixed assets rather using Xero.

  • Mark Lee commented  ·   ·  Report

    Any update on this as this is needed by many businesses or the revalue part

  • Kim Hamill commented  ·   ·  Report

    This is a critical function that must be required by a multitude of businesses. Please advise of an update. I have also inherited a client where multiple assets are grouped together. It's not uncommon to purchase a group of assets, computers for example, and then have to dispose of one or two as they no longer work..

  • Tania Newcombe commented  ·   ·  Report

    Is there any update on when this feature will be made available? I have inherited a fixed assets register in Xero with multiple assets grouped together. It is not ideal to have to delete assets and then re-add them in prior locked periods

  • John Dent commented  ·   ·  Report

    As well as partial disposals it would be ideal to be able to incrementally add to to asset that is built/acquired in more than one financial year

  • Kelvin Lee commented  ·   ·  Report

    Hi Xero, will this feature be included with the increased price in July 2024? The future of Fixed Assets in Xero, as seen from Product Ideas, seems very gloomy.

  • Libby Bourke commented  ·   ·  Report

    Really need this asap. We have moved our business and got rid of quite a few assets but unfortunately some are partial sales and I can't process these in Xero so our fixed asset register is incorrect now.

  • Mel Daly commented  ·   ·  Report

    Please can you add a quantity field when adding and disposing assets so you can partially dispose. Much needed feature.

  • Michael Hanes commented  ·   ·  Report

    Please kindly add a partial disposal of fixed assets. Thanks

  • Julie Copland commented  ·   ·  Report

    Hi Xero, is there any update on this? The last update was 18 months ago. Nearly 200 people have gone out of their way to vote for this and comment.

  • Carissa Dueck Warner commented  ·   ·  Report

    Another request for a partial disposal of assets feature to be added. This seems to be a huge demand, and is available in other systems, so we know the capability exists. Any upcoming changes or upgrades to the Fixed Asset Register in Xero should definitely include this.

  • Tracey Dovey commented  ·   ·  Report

    Please prioritise partial disposals in fixed assets!

  • Jennifer Foster commented  ·   ·  Report

    This really needs to be addressed. I have stopped using the FAR in Xero because of this issue. We have a lot of b/f main pool balances where we don't have the full asset breakdown, particularly for farm accounts. If an asset is sold and it is part of the b/f pool we cant do this in Xero without a lot of fiddling and journals, which clearly takes too long for little benefit

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