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  1. Fixed Asset - Partial disposal of an asset

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    49 comments  ·  For small businesses » Accounting features  ·  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.

    Catherine Blackshaw supported this idea  · 
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    Catherine Blackshaw commented  · 

    Hi we capitalize software and amortize over a six year period, however also do partial disposals at the end of years 4 and 5. We therefore need to be able to adjust both cumulative cost and depreciation as a partial disposal I can see easy workarounds where assets have not been depreciated, but not where accumulated depreciation is in the mix.