Spanish fixed assets¶

The Spain - Fixed Assets module adds the Spanish depreciation rules to the asset management of the Accounting app:

three Spanish depreciation methods on asset categories and assets: straight line over the useful life, fixed annual percentage (official coefficient tables) and declining balance;
a depreciation start date, for assets that are put into use after their purchase date;
depreciation periods that follow the calendar, with the first period prorated by days;
the non-deductible VAT and the VAT prorata part of the vendor bill line included in the value of the assets created from vendor bills.

Note

The module is part of the supported combination of Spanish modules. The alternative community fixed asset modules cannot be installed together with the Spain - Base Layer module.
The Spanish rules only apply to assets. Deferred revenues keep the standard depreciation engine.

Asset categories¶

Go to Accounting ‣ Configuration ‣ Management ‣ Asset Category and open or create a category. In the depreciation settings of the category, select the Spanish Depreciation Method:

Linear (useful life): the depreciable value is spread evenly over the useful life, which is the number of depreciations multiplied by the number of months between two depreciations.
Fixed annual percentage: every year, the Annual Depreciation Percentage of the depreciable value is depreciated (use the percentage of the official depreciation coefficient tables).
Declining balance: every year, the Annual Depreciation Percentage of the remaining value is depreciated. The remaining value is depreciated in full in the last period of the useful life.

Leave the Spanish Depreciation Method empty to use the standard depreciation engine described in Non-current assets and fixed assets. When a Spanish method is selected, the standard Computation Method, Degressive Factor and Prorata Temporis fields are hidden, as the Spanish method replaces them.

The Annual Depreciation Percentage is required for the fixed annual percentage and the declining balance methods; it must be greater than 0 and at most 100.

With a Spanish method, the number of months between two depreciations (One Entry Every) must be 1, 2, 3, 4, 6 or 12, so that the periods fit into a calendar year.

Depreciation periods¶

The Depreciate to Period End option (enabled by default) determines how the depreciation periods are counted:

Enabled: the periods follow the calendar (month, quarter, half-year or fiscal year, according to the number of months between two depreciations). The first period is prorated by days from the depreciation start date, and every depreciation line is dated on the last day of its period.
Disabled: the periods are counted from the depreciation start date and are never prorated.

screenshot: finance-fl-spain-asset-category

menu: Accounting ‣ Configuration ‣ Management ‣ Asset Category ‣ (a category)
shows: An asset category form with "Spanish Depreciation Method" set to "Fixed annual percentage", the "Annual Depreciation Percentage" field (e.g., 25) and the "Depreciate to Period End" option enabled; the standard computation method fields are hidden.
highlight: The three Spanish fields (red frame).
data: Demo company "YourCompany ES"; category "Equipos para procesos de información", 4 depreciations every 12 months, 25%.
module: l10n_es_asset, om_account_asset
notes: English UI, light theme, 1440px width, crop to the form sheet.

Assets¶

When an asset is created with a category, it takes over the Spanish depreciation settings of the category. On a draft asset, the settings can also be changed directly: go to Accounting ‣ Configuration ‣ Management ‣ Assets, open the asset, and adjust the Spanish Depreciation Method, the Annual Depreciation Percentage and the Depreciate to Period End option.

If the asset is put into use later than its purchase date, fill in the Depreciation Start Date (the date the asset is available for use). The depreciation is then computed from this date instead of the asset Date.

Click Compute Depreciation to compute the depreciation board with the Spanish rules. The lines that are already posted are kept; only the lines that are not posted yet are recomputed.

Note

The Spanish settings of an asset can only be changed while the asset is in draft.

Assets from vendor bills¶

When an asset is created from a vendor bill line with an asset category, its value includes the part of the VAT of the line that is not deductible: the non-deductible VAT and, for companies applying the VAT prorata, the non-deductible part of the prorata. These amounts are taken from the AEAT tax information of the bill.