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  1. Fixed Asset - Partial disposal of an asset

    387 votes

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    68 comments  ·  Reports & tax » Fixed Assets  ·  Admin →
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    Accepted  ·  AdminKelly Munro (Community Manager, Xero) responded

    Hey team, thanks for all your input on partial asset disposal.

    We understand that manually managing parts of an asset can be time-consuming. While we don't have plans at this time to develop a built-in feature, your feedback's really helpful in showing us where things could improve.

    For now, manual methods to calculate depreciation and record journal entries to keep things accurate would be the best option.

    However, this is a feature that we'd like to revisit as we plan our future roadmaps, and will be happy to share if there is any traction around this. Please keep sharing this idea with any colleagues you feel could benefit from this too.

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    Evelyn Burns commented  · 

    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.

    Evelyn Burns supported this idea  ·