Asset management is a systematic process to organize, monitor, and sell the assets
of an organization in a cost-effective way. By monitoring the assets and their current
working conditions, will help the business to understand the loss/gain, equipment
failures, etc. Odoo 14 also provides the feature of asset model and asset creation
to manage the assets in a company. The asset model is a feature to manage the asset
entries for an asset. The depreciation for the asset can be set for a particular
duration. A single asset model can be used for creating multiple assets.