diff --git a/erpnext/assets/doctype/asset/asset.json b/erpnext/assets/doctype/asset/asset.json
index b18f122721b..8ea5e87af3c 100644
--- a/erpnext/assets/doctype/asset/asset.json
+++ b/erpnext/assets/doctype/asset/asset.json
@@ -405,7 +405,6 @@
    "read_only": 1
   },
   {
-   "collapsible": 1,
    "collapsible_depends_on": "is_existing_asset",
    "fieldname": "purchase_details_section",
    "fieldtype": "Section Break",
diff --git a/erpnext/assets/doctype/asset/asset.py b/erpnext/assets/doctype/asset/asset.py
index 6a215040679..491577e6e2a 100644
--- a/erpnext/assets/doctype/asset/asset.py
+++ b/erpnext/assets/doctype/asset/asset.py
@@ -132,11 +132,11 @@ class Asset(AccountsController):
 		self.status = self.get_status()
 
 	def create_asset_depreciation_schedule(self):
+		self.set_depr_rate_and_value_after_depreciation()
+
 		if self.split_from or not self.calculate_depreciation:
 			return
 
-		self.set_depr_rate_and_value_after_depreciation()
-
 		schedules = []
 		for row in self.get("finance_books"):
 			self.validate_asset_finance_books(row)
@@ -1242,7 +1242,7 @@ def update_existing_asset(asset, remaining_qty, new_asset_name):
 		current_asset_depr_schedule_doc = get_asset_depr_schedule_doc(asset.name, "Active", row.finance_book)
 		new_asset_depr_schedule_doc = frappe.copy_doc(current_asset_depr_schedule_doc)
 
-		new_asset_depr_schedule_doc.fetch_asset_details(asset, row)
+		new_asset_depr_schedule_doc.fetch_asset_details()
 
 		accumulated_depreciation = 0
 
@@ -1299,7 +1299,7 @@ def create_new_asset_after_split(asset, split_qty):
 			continue
 		new_asset_depr_schedule_doc = frappe.copy_doc(current_asset_depr_schedule_doc)
 
-		new_asset_depr_schedule_doc.fetch_asset_details(new_asset, row)
+		new_asset_depr_schedule_doc.fetch_asset_details()
 
 		accumulated_depreciation = 0