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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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    Leigh Cooke commented  · 

    I started using Xero in 2011 and I'm pretty sure that this was something that was being requested even back then! I can't understand why it's still not been addressed over 10 years later! It's still needed and not having the ability to do this in Xero causes a lot of manual work arounds which is time consuming and increases the risk of error. Not ideal.

    Leigh Cooke supported this idea  ·