diff --git a/account_asset_management/__manifest__.py b/account_asset_management/__manifest__.py
index ba089185..99891053 100644
--- a/account_asset_management/__manifest__.py
+++ b/account_asset_management/__manifest__.py
@@ -28,5 +28,6 @@
         "views/menuitem.xml",
         "data/cron.xml",
         "wizard/wiz_account_asset_report.xml",
+        "wizard/wiz_asset_move_reverse.xml",
     ],
 }
diff --git a/account_asset_management/models/account_asset_line.py b/account_asset_management/models/account_asset_line.py
index 1d478482..e51e6a35 100644
--- a/account_asset_management/models/account_asset_line.py
+++ b/account_asset_management/models/account_asset_line.py
@@ -296,16 +296,38 @@ class AccountAssetLine(models.Model):
             "context": self.env.context,
         }
 
+    def update_asset_line_after_unlink_move(self):
+        self.write({"move_id": False})
+        if self.parent_state == "close":
+            self.asset_id.write({"state": "open"})
+        elif self.parent_state == "removed" and self.type == "remove":
+            self.asset_id.write({"state": "close", "date_remove": False})
+            self.unlink()
+
     def unlink_move(self):
         for line in self:
-            move = line.move_id
-            move.button_draft()
-            move.with_context(force_delete=True, unlink_from_asset=True).unlink()
-            # trigger store function
-            line.with_context(unlink_from_asset=True).write({"move_id": False})
-            if line.parent_state == "close":
-                line.asset_id.write({"state": "open"})
-            elif line.parent_state == "removed" and line.type == "remove":
-                line.asset_id.write({"state": "close", "date_remove": False})
-                line.unlink()
+            if line.asset_id.profile_id.allow_reversal:
+                context = dict(self._context or {})
+                context.update(
+                    {
+                        "active_model": self._name,
+                        "active_ids": line.ids,
+                        "active_id": line.id,
+                    }
+                )
+                return {
+                    "name": _("Reverse Move"),
+                    "view_mode": "form",
+                    "res_model": "wiz.asset.move.reverse",
+                    "target": "new",
+                    "type": "ir.actions.act_window",
+                    "context": context,
+                }
+            else:
+                move = line.move_id
+                move.button_draft()
+                move.with_context(force_delete=True, unlink_from_asset=True).unlink()
+                line.with_context(
+                    unlink_from_asset=True
+                ).update_asset_line_after_unlink_move()
         return True
diff --git a/account_asset_management/models/account_asset_profile.py b/account_asset_management/models/account_asset_profile.py
index 11830f7d..c132ea07 100644
--- a/account_asset_management/models/account_asset_profile.py
+++ b/account_asset_management/models/account_asset_profile.py
@@ -163,6 +163,12 @@ class AccountAssetProfile(models.Model):
         "product item. So, there will be an asset by product item.",
     )
     active = fields.Boolean(default=True)
+    allow_reversal = fields.Boolean(
+        "Allow Reversal of journal entries",
+        help="If set, when pressing the Delete/Reverse Move button in a "
+        "posted depreciation line will prompt the option to reverse the "
+        "journal entry, instead of deleting them.",
+    )
 
     @api.model
     def _default_company_id(self):
diff --git a/account_asset_management/models/account_move.py b/account_asset_management/models/account_move.py
index 15ff6de8..505899ec 100644
--- a/account_asset_management/models/account_move.py
+++ b/account_asset_management/models/account_move.py
@@ -130,8 +130,15 @@ class AccountMove(models.Model):
             for line_command in move_vals.get("line_ids", []):
                 line_vals = line_command[2]  # (0, 0, {...})
                 asset = self.env["account.asset"].browse(line_vals["asset_id"])
-                asset.unlink()
-                line_vals.update(asset_profile_id=False, asset_id=False)
+                # We remove the asset if we recognize that we are reversing
+                # the asset creation
+                if asset:
+                    asset_line = self.env["account.asset.line"].search(
+                        [("asset_id", "=", asset.id), ("type", "=", "create")], limit=1
+                    )
+                    if asset_line and asset_line.move_id == self:
+                        asset.unlink()
+                        line_vals.update(asset_profile_id=False, asset_id=False)
         return move_vals
 
     def action_view_assets(self):
diff --git a/account_asset_management/readme/CONTRIBUTORS.rst b/account_asset_management/readme/CONTRIBUTORS.rst
index 585785e1..99153bcc 100644
--- a/account_asset_management/readme/CONTRIBUTORS.rst
+++ b/account_asset_management/readme/CONTRIBUTORS.rst
@@ -15,3 +15,8 @@
   * Pedro M. Baeza
   * João Marques
   * Víctor Martínez
+
+* `ForgeFlow <https://www.forgeflow.com>`_:
+
+  * Jordi Ballester <jordi.ballester@forgeflow.com>
+  * Miquel Raïch <miquel.raich@forgeflow.com>
diff --git a/account_asset_management/readme/HISTORY.rst b/account_asset_management/readme/HISTORY.rst
index e15948e1..9dd4bf99 100644
--- a/account_asset_management/readme/HISTORY.rst
+++ b/account_asset_management/readme/HISTORY.rst
@@ -3,6 +3,12 @@
 
  * [BREAKING] Removed all functionality associated with `account.fiscal.year`
 
+13.0.3.0.0 (2021-07-06)
+~~~~~~~~~~~~~~~~~~~~~~~
+
+* Allow to reverse the posting of a depreciation line instead of deleting the
+  journal entry.
+
 13.0.2.0.0 (2021-02-19)
 ~~~~~~~~~~~~~~~~~~~~~~~
 
diff --git a/account_asset_management/security/ir.model.access.csv b/account_asset_management/security/ir.model.access.csv
index 148fa11e..9e23ff43 100644
--- a/account_asset_management/security/ir.model.access.csv
+++ b/account_asset_management/security/ir.model.access.csv
@@ -16,3 +16,4 @@ access_account_asset_group_manager,account.asset.group,model_account_asset_group
 access_account_asset_remove_user,account.asset.remove,model_account_asset_remove,account.group_account_user,1,1,1,1
 access_account_asset_compute_user,account.asset.compute,model_account_asset_compute,account.group_account_user,1,1,1,1
 access_wiz_account_asset_report,wiz.account.asset.report,model_wiz_account_asset_report,account.group_account_readonly,1,1,1,0
+access_wiz_asset_move_reverse_user,wiz.asset.move.reverse,model_wiz_asset_move_reverse,account.group_account_user,1,1,1,1
diff --git a/account_asset_management/tests/test_account_asset_management.py b/account_asset_management/tests/test_account_asset_management.py
index a06a7e8e..00eb73f9 100644
--- a/account_asset_management/tests/test_account_asset_management.py
+++ b/account_asset_management/tests/test_account_asset_management.py
@@ -803,6 +803,88 @@ class TestAssetManagement(AccountTestInvoicingCommon):
         # In the last month the small deviations are compensated
         self.assertAlmostEqual(d_lines[12].amount, 416.63, places=2)
 
+    def test_18_reverse_entries(self):
+        """Test that cancelling a posted entry creates a reversal."""
+        ict0 = self.asset_model.create(
+            {
+                "state": "draft",
+                "method_time": "year",
+                "method_number": 3,
+                "method_period": "year",
+                "name": "Laptop",
+                "code": "PI00101",
+                "purchase_value": 1500.0,
+                "profile_id": self.ict3Y.id,
+                "date_start": time.strftime("%Y-01-01"),
+            }
+        )
+        ict0.profile_id.allow_reversal = True
+        # compute the depreciation boards
+        ict0.compute_depreciation_board()
+        ict0.refresh()
+        # post the first depreciation line
+        ict0.validate()
+        ict0.depreciation_line_ids[1].create_move()
+        original_move = ict0.depreciation_line_ids[1].move_id
+        ict0.refresh()
+        self.assertEqual(ict0.state, "open")
+        self.assertEqual(ict0.value_depreciated, 500)
+        self.assertEqual(ict0.value_residual, 1000)
+        depreciation_line = ict0.depreciation_line_ids[1]
+        wiz_res = depreciation_line.unlink_move()
+        self.assertTrue(
+            "res_model" in wiz_res and wiz_res["res_model"] == "wiz.asset.move.reverse"
+        )
+        wiz = Form(
+            self.env["wiz.asset.move.reverse"].with_context(
+                {
+                    "active_model": depreciation_line._name,
+                    "active_id": depreciation_line.id,
+                    "active_ids": [depreciation_line.id],
+                }
+            )
+        )
+        reverse_wizard = wiz.save()
+        reverse_wizard.reverse_move()
+        ict0.refresh()
+        self.assertEqual(ict0.value_depreciated, 0)
+        self.assertEqual(ict0.value_residual, 1500)
+        self.assertEqual(len(original_move.reversal_move_id), 1)
+
+    def test_19_unlink_entries(self):
+        """Test that cancelling a posted entry creates a reversal, if the
+        journal entry has the inalterability hash."""
+        ict0 = self.asset_model.create(
+            {
+                "state": "draft",
+                "method_time": "year",
+                "method_number": 3,
+                "method_period": "year",
+                "name": "Laptop",
+                "code": "PI00101",
+                "purchase_value": 1500.0,
+                "profile_id": self.ict3Y.id,
+                "date_start": time.strftime("%Y-01-01"),
+            }
+        )
+        # compute the depreciation boards
+        ict0.compute_depreciation_board()
+        ict0.refresh()
+        # post the first depreciation line
+        ict0.validate()
+        ict0.depreciation_line_ids[1].create_move()
+        original_move_id = ict0.depreciation_line_ids[1].move_id.id
+        ict0.refresh()
+        self.assertEqual(ict0.state, "open")
+        self.assertEqual(ict0.value_depreciated, 500)
+        self.assertEqual(ict0.value_residual, 1000)
+        ict0.depreciation_line_ids[1].unlink_move()
+        ict0.refresh()
+        self.assertEqual(ict0.value_depreciated, 0)
+        self.assertEqual(ict0.value_residual, 1500)
+        move = self.env["account.move"].search([("id", "=", original_move_id)])
+        self.assertFalse(move)
+
     def test_20_asset_removal_with_value_residual(self):
         """Asset removal with value residual"""
         asset = self.asset_model.create(
diff --git a/account_asset_management/views/account_asset.xml b/account_asset_management/views/account_asset.xml
index d6f6d4c6..99f6e26c 100644
--- a/account_asset_management/views/account_asset.xml
+++ b/account_asset_management/views/account_asset.xml
@@ -204,7 +204,7 @@
                                     <button
                                         name="unlink_move"
                                         icon="fa-times"
-                                        string="Delete Move"
+                                        string="Delete/Reverse Move"
                                         type="object"
                                         confirm="Are you sure ?"
                                         groups="account.group_account_manager"
diff --git a/account_asset_management/views/account_asset_profile.xml b/account_asset_management/views/account_asset_profile.xml
index eef37c3e..1abcca13 100644
--- a/account_asset_management/views/account_asset_profile.xml
+++ b/account_asset_management/views/account_asset_profile.xml
@@ -38,6 +38,7 @@
                             <field name="account_plus_value_id" />
                             <field name="account_min_value_id" />
                             <field name="account_residual_value_id" />
+                            <field name="allow_reversal" />
                         </group>
                         <group string="Depreciation Dates">
                             <field name="method_time" />
diff --git a/account_asset_management/wizard/__init__.py b/account_asset_management/wizard/__init__.py
index a9ffac03..b387e74e 100644
--- a/account_asset_management/wizard/__init__.py
+++ b/account_asset_management/wizard/__init__.py
@@ -1,3 +1,4 @@
 from . import account_asset_compute
 from . import account_asset_remove
 from . import wiz_account_asset_report
+from . import wiz_asset_move_reverse
diff --git a/account_asset_management/wizard/wiz_asset_move_reverse.py b/account_asset_management/wizard/wiz_asset_move_reverse.py
new file mode 100644
index 00000000..8f3d4eb3
--- /dev/null
+++ b/account_asset_management/wizard/wiz_asset_move_reverse.py
@@ -0,0 +1,59 @@
+# Copyright 2021 ForgeFlow, S.L.
+# License AGPL-3.0 or later (http://www.gnu.org/licenses/agpl).
+from odoo import api, fields, models
+
+
+class WizAssetMoveReverse(models.TransientModel):
+    _name = "wiz.asset.move.reverse"
+    _description = "Reverse posted journal entry on depreciation line"
+
+    line_id = fields.Many2one(
+        comodel_name="account.asset.line",
+        string="Asset Line",
+        readonly=True,
+        required=True,
+    )
+    date_reversal = fields.Date(
+        string="Reversal date",
+        required=True,
+        default=fields.Date.context_today,
+    )
+    reason = fields.Char(string="Reason")
+    journal_id = fields.Many2one(
+        "account.journal",
+        string="Use Specific Journal",
+        help="If empty, uses the journal of the journal entry to be reversed.",
+    )
+
+    @api.model
+    def default_get(self, fields):
+        res = super(WizAssetMoveReverse, self).default_get(fields)
+        line_ids = (
+            self.env["account.asset.line"].browse(self.env.context["active_ids"])
+            if self.env.context.get("active_model") == "account.asset.line"
+            else self.env["account.asset.line"]
+        )
+        res["line_id"] = line_ids[0].id if line_ids else False
+        return res
+
+    def reverse_move(self):
+        move = self.line_id.move_id
+        move_reversal = (
+            self.env["account.move.reversal"]
+            .with_context(active_model="account.move", active_ids=move.ids)
+            .create(
+                {
+                    "date": fields.Date.today(),
+                    "reason": self.reason,
+                    "refund_method": "refund",
+                    "journal_id": self.journal_id.id,
+                }
+            )
+        )
+        reversal = move_reversal.with_context(allow_asset=True).reverse_moves()
+        reverse_move = self.env["account.move"].browse(reversal["res_id"])
+        reverse_move.action_post()
+        self.line_id.with_context(
+            unlink_from_asset=True
+        ).update_asset_line_after_unlink_move()
+        return True
diff --git a/account_asset_management/wizard/wiz_asset_move_reverse.xml b/account_asset_management/wizard/wiz_asset_move_reverse.xml
new file mode 100644
index 00000000..9cf1d95e
--- /dev/null
+++ b/account_asset_management/wizard/wiz_asset_move_reverse.xml
@@ -0,0 +1,27 @@
+<?xml version="1.0" encoding="utf-8" ?>
+<odoo>
+    <record id="wiz_asset_move_reverse_view_form" model="ir.ui.view">
+        <field name="name">wiz.asset.move.reverse.form</field>
+        <field name="model">wiz.asset.move.reverse</field>
+        <field name="arch" type="xml">
+            <form string="Reverse Journal Entry">
+                <group>
+                    <field name="line_id" invisible="True" />
+                    <field name="date_reversal" />
+                    <field name="journal_id" />
+                    <field name="reason" />
+                </group>
+                <newline />
+                <footer>
+                    <button
+                        string="Confirm"
+                        name="reverse_move"
+                        type="object"
+                        class="oe_highlight"
+                    />
+                    <button string="Cancel" class="oe_link" special="cancel" />
+                </footer>
+            </form>
+        </field>
+    </record>
+</odoo>