Changes in fixed asset estimates
/visma-net-erp/help/fixed-assets/manage-fixed-assets/changes-in-fixed-asset-estimates
section
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# Changes in fixed asset estimates
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
page
Adding a fixed asset involves determining the estimated useful life and salvage amount of the asset.
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# About changes in fixed asset estimates
Adding a fixed asset involves determining the estimated useful life and salvage amount of the asset.
Adding a fixed asset involves determining the estimated useful life and salvage amount of
the asset.
Estimates are subjective and may require revisions during the
life of the asset.
For example, the rapid technological advances may result in the actual
useful life and salvage amount differing from your company's current estimates.
In Visma Net, you can account for changes in the following estimates:
+ The useful life of a fixed asset. [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/)
For more information, see:
+ The salvage amount of a fixed asset. [Change the salvage value of an asset](/visma-net-erp/help/fixed-assets/manage-fixed-assets/changes-in-fixed-asset-estimates/change-the-salvage-value-of-an-asset/)
For more information, see:
## Depreciation after changes in estimates
The changes in estimates effect the current and future periods.
The system uses the revised
value for the depreciation throughout entire asset life in periods after the change.
You can configure the system to accelerate the depreciation for the assets that use the straight line method and Dutch method 2. In this case, the system uses the revalued amount as the basis for the depreciation in the periods after revaluation.
For more information, see: [About depreciation configuration](/visma-net-erp/help/fixed-assets/manage-fixed-asset-depreciation/about-depreciation-configuration/)
Related pages
Concepts
Tasks
Windows
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
section
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.
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# 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.
Related pages
Concepts
Tasks
Windows
Change the salvage value of an asset
/visma-net-erp/help/fixed-assets/manage-fixed-assets/changes-in-fixed-asset-estimates/change-the-salvage-value-of-an-asset
section
If the estimation of the salvage value of an asset has changed, you change the estimated salvage value in the asset record accordingly.
2026-02-19T17:09:06+01:00
# Change the salvage value of an asset
If the estimation of the salvage value of an asset has changed, you change the estimated salvage value in the asset record accordingly.
If the estimation of the salvage value of an asset has changed, you change the
estimated salvage value in the asset record accordingly.
You use the **General settings** tab of the [Fixed assets (FA303000)](/visma-net-erp/help/fixed-assets/fixed-asset-windows/fixed-assets-fa303000/) window to
change the salvage value of the selected asset.
For more information about changing the estimated salvage value 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** 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.
Related pages
Concepts
Tasks
Windows