diff --git a/erpnext/assets/doctype/asset/asset.py b/erpnext/assets/doctype/asset/asset.py
index 27d21e2542..29379657a1 100644
--- a/erpnext/assets/doctype/asset/asset.py
+++ b/erpnext/assets/doctype/asset/asset.py
@@ -182,10 +182,10 @@ class Asset(AccountsController):
 			# value_after_depreciation - current Asset value
 			if d.value_after_depreciation:
 				value_after_depreciation = (flt(d.value_after_depreciation) -
-					flt(self.opening_accumulated_depreciation)) - flt(d.expected_value_after_useful_life)
+					flt(self.opening_accumulated_depreciation)) 
 			else:
 				value_after_depreciation = (flt(self.gross_purchase_amount) -
-					flt(self.opening_accumulated_depreciation)) - flt(d.expected_value_after_useful_life)
+					flt(self.opening_accumulated_depreciation)) 
 
 			d.value_after_depreciation = value_after_depreciation