---
title: "Change the useful life of an asset"
description: "If the estimation of the useful life of an asset has changed, you change the estimated useful life in the asset record accordingly on the General settings tab of the Fixed assets (FA303000) window."
lang: en
languages:
  en: https://docs.vismasoftware.no/visma-net-erp/help/fixed-assets/manage-fixed-assets/changes-in-fixed-asset-estimates/change-the-useful-life-of-an-asset/index.md
lastmod: 2026-02-23
---

> Documentation index: https://docs.vismasoftware.no/visma-net-erp/help/fixed-assets/manage-fixed-assets/changes-in-fixed-asset-estimates/llms.txt


# Change the useful life of an asset

Last modified February 23, 2026

> If the estimation of the useful life of an asset has changed, you change the estimated useful life in the asset record accordingly on the General settings tab of the Fixed assets (FA303000) window.


For more information: [Fixed assets (FA303000)](https://docs.vismasoftware.no/visma-net-erp/help/fixed-assets/fixed-asset-windows/fixed-assets-fa303000/index.md).

If the estimation of the useful life of an asset has changed, you change the
estimated useful life in the asset record accordingly on the **General settings** tab of the [Fixed assets (FA303000)](https://docs.vismasoftware.no/visma-net-erp/help/fixed-assets/fixed-asset-windows/fixed-assets-fa303000/index.md) window.

For more information about changing the estimated useful life of an asset, see: [About changes in fixed asset estimates](https://docs.vismasoftware.no/visma-net-erp/help/fixed-assets/manage-fixed-assets/changes-in-fixed-asset-estimates/about-changes-in-fixed-asset-estimates/index.md)

1. Go to the [Fixed assets (FA303000)](https://docs.vismasoftware.no/visma-net-erp/help/fixed-assets/fixed-asset-windows/fixed-assets-fa303000/index.md) window.
1. In the **Asset ID** field, select the asset whose net book value you want to change.
1. On the **General settings** tab, in the **Useful life, years** field, specify the new estimation of the asset useful life.
1. Click ![icon-save](https://docs.vismasoftware.no/media/visma-net-erp/icon-save.png).
1. Release the resulting transactions as directed by your company's workflow. [Release a fixed asset transaction](https://docs.vismasoftware.no/visma-net-erp/help/fixed-assets/daily-routines/release-a-fixed-asset-transaction/index.md)

    For more information, see:

The resulting transactions affect the net book value and the current cost of the selected asset displayed on the **Balance** and **Reconciliation** tabs.

<h2>Related pages</h2><h3>Concepts</h3>
<ul><li><a href="/visma-net-erp/help/fixed-assets/manage-fixed-assets/changes-in-fixed-asset-estimates/about-changes-in-fixed-asset-estimates/index.md">About changes in fixed asset estimates</a></li><li><a href="/visma-net-erp/help/fixed-assets/manage-fixed-assets/fixed-asset-entry/about-fixed-asset-entry/index.md">About fixed asset entry</a></li><li><a href="/visma-net-erp/help/fixed-assets/manage-fixed-assets/fixed-asset-reversal/about-fixed-asset-reversal/index.md">About fixed asset reversal</a></li><li><a href="/visma-net-erp/help/fixed-assets/manage-fixed-assets/about-fixed-asset-types/index.md">About fixed asset types</a></li><li><a href="/visma-net-erp/help/fixed-assets/manage-fixed-assets/about-fixed-asset-adjustment-transactions/index.md">About fixed asset adjustment transactions</a></li>
</ul><h3>Tasks</h3>
<ul><li><a href="/visma-net-erp/help/fixed-assets/manage-fixed-assets/revaluation-of-an-asset/change-net-book-value-of-an-asset/index.md">Change net book value of an asset</a></li><li><a href="/visma-net-erp/help/fixed-assets/manage-fixed-assets/changes-in-fixed-asset-estimates/change-the-salvage-value-of-an-asset/index.md">Change the salvage value of an asset</a></li><li><a href="/visma-net-erp/help/fixed-assets/manage-fixed-assets/fixed-asset-entry/convert-purchased-items-to-components-of-a-fixed-asset/index.md">Convert purchased items to components of a fixed asset</a></li><li><a href="/visma-net-erp/help/fixed-assets/manage-fixed-assets/fixed-asset-entry/delete-a-fixed-asset/index.md">Delete a fixed asset</a></li><li><a href="/visma-net-erp/help/fixed-assets/daily-routines/delete-an-unreleased-fixed-asset-transaction/index.md">Delete an unreleased fixed asset transaction</a></li><li><a href="/visma-net-erp/help/fixed-assets/manage-fixed-asset-disposals/dispose-of-an-asset/index.md">Dispose of an asset</a></li><li><a href="/visma-net-erp/help/fixed-assets/manage-fixed-assets/fixed-asset-entry/enter-an-asset/index.md">Enter an asset</a></li><li><a href="/visma-net-erp/help/fixed-assets/manage-fixed-assets/fixed-asset-entry/import-fixed-assets/index.md">Import fixed assets</a></li><li><a href="/visma-net-erp/help/fixed-assets/daily-routines/release-a-fixed-asset-transaction/index.md">Release a fixed asset transaction</a></li><li><a href="/visma-net-erp/help/fixed-assets/manage-fixed-asset-disposals/reverse-an-asset-disposal/index.md">Reverse an asset disposal</a></li><li><a href="/visma-net-erp/help/fixed-assets/manage-fixed-assets/fixed-asset-reversal/reverse-an-asset/index.md">Reverse an asset</a></li><li><a href="/visma-net-erp/help/fixed-assets/manage-fixed-asset-depreciation/suspend-asset-depreciation/index.md">Suspend asset depreciation</a></li><li><a href="/visma-net-erp/help/fixed-assets/manage-transfers-of-fixed-assets/transfer-an-individual-asset/index.md">Transfer an individual asset</a></li>
</ul><h3>Windows</h3>
<ul><li><a href="/visma-net-erp/help/fixed-assets/fixed-asset-windows/fixed-assets-fa303000/index.md">Fixed assets (FA303000)</a></li>
</ul>


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[View this page](https://docs.vismasoftware.no/visma-net-erp/help/fixed-assets/manage-fixed-assets/changes-in-fixed-asset-estimates/change-the-useful-life-of-an-asset/)