Change the useful life of an asset
/visma-net-erp/help/fixed-assets/manage-fixed-assets/changes-in-fixed-asset-estimates/change-the-useful-life-of-an-asset
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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.
2026-02-19T17:09:06+01:00
# Change the useful life of an asset
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)](/visma-net-erp/help/fixed-assets/fixed-asset-windows/fixed-assets-fa303000/).
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)](/visma-net-erp/help/fixed-assets/fixed-asset-windows/fixed-assets-fa303000/) window.
For more information about changing the estimated useful life of an asset, see: [About changes in fixed asset estimates](/visma-net-erp/help/fixed-assets/manage-fixed-assets/changes-in-fixed-asset-estimates/about-changes-in-fixed-asset-estimates/)
1. Go to the [Fixed assets (FA303000)](/visma-net-erp/help/fixed-assets/fixed-asset-windows/fixed-assets-fa303000/) 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 .
1. Release the resulting transactions as directed by your company's workflow. [Release a fixed asset transaction](/visma-net-erp/help/fixed-assets/daily-routines/release-a-fixed-asset-transaction/)
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.
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