asset write-off

Translations
списание актива
The asset write-off was necessary due to the equipment being obsolete.
Списание актива было необходимо из-за устаревания оборудования.
Definitions
An asset write-off is an accounting process that involves removing the value of an asset from the balance sheet when it is deemed to have no remaining value or utility, often due to impairment, obsolescence, or damage. This process reflects a loss in the company's financial statements and can impact tax liabilities.
Words
asset

noun
актив
write-off

noun
списание