diff --git a/erpnext/assets/doctype/asset/asset.py b/erpnext/assets/doctype/asset/asset.py
index 9b566e08372..de3fb10324d 100644
--- a/erpnext/assets/doctype/asset/asset.py
+++ b/erpnext/assets/doctype/asset/asset.py
@@ -202,6 +202,7 @@ class Asset(AccountsController):
 		self.db_set("booked_fixed_asset", 0)
 		add_asset_activity(self.name, _("Asset cancelled"))
 
+	def after_insert(self):
 		if (
 			not frappe.db.exists(
 				{