diff --git a/erpnext/assets/doctype/asset/asset.js b/erpnext/assets/doctype/asset/asset.js
index e2ba7814a3d..7f027f003b5 100644
--- a/erpnext/assets/doctype/asset/asset.js
+++ b/erpnext/assets/doctype/asset/asset.js
@@ -241,6 +241,8 @@ frappe.ui.form.on("Asset", {
 		} else if (frm.doc.is_existing_asset || frm.doc.is_composite_asset) {
 			frm.toggle_reqd("purchase_receipt", 0);
 			frm.toggle_reqd("purchase_invoice", 0);
+			frm.set_value("purchase_receipt", "");
+			frm.set_value("purchase_invoice", "");
 		} else if (frm.doc.purchase_receipt) {
 			// if purchase receipt link is set then set PI disabled
 			frm.toggle_reqd("purchase_invoice", 0);
@@ -484,7 +486,6 @@ frappe.ui.form.on("Asset", {
 		} else {
 			frm.set_df_property("gross_purchase_amount", "read_only", 0);
 		}
-
 		frm.trigger("toggle_reference_doc");
 	},