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Saudi Government Fixed Asset Management (MOF Compliant)

MOF classification, capitalization thresholds, depreciation & field inventory

Available on Apps Store

Overview

Implements the Saudi Ministry of Finance comprehensive guide for government asset inventory and valuation inside Odoo: 1,600+ official classification codes, automatic capitalized vs non-capitalized determination by official thresholds, official asset code generation, straight-line depreciation within approved useful lives, printable QR asset tags, and field verification campaigns — fully on Community, without Enterprise Assets.

Who this is for

Saudi government entities, public authorities, municipalities, and government-owned enterprises that must inventory and value fixed assets under MOF methodology — not generic commercial asset accounting. Built for asset specialists and controllers who need official codes, capitalization rules, and auditable field campaigns instead of fragile Excel ledgers.

Key features

Official classification & coding

  • 1,600+ preloaded MOF classification codes ready to use
  • Official asset code: classification + accounting class + serial
  • Coding structure aligned with the MOF guide (6-digit class + 01–06 + serial)

Capitalization & depreciation

  • Auto capitalized vs non-capitalized by official threshold per class
  • Higher threshold option for large entities with specialized infrastructure
  • Straight-line annual depreciation within min/max useful lives

Tags, inventory & governance

  • Printable QR identification tags
  • Field verification campaigns with missing/damaged/stolen variances
  • Four permission levels: User, Asset Specialist, Asset Manager, Admin
  • Multi-company; Arabic and English

Screenshots

Get this app for your Odoo

Install from the Odoo Apps Store, or talk to us about a tailored rollout.