diff --git a/erpnext/accounts/doctype/sales_invoice/sales_invoice.py b/erpnext/accounts/doctype/sales_invoice/sales_invoice.py
index cad1a597386..bb48065af9e 100644
--- a/erpnext/accounts/doctype/sales_invoice/sales_invoice.py
+++ b/erpnext/accounts/doctype/sales_invoice/sales_invoice.py
@@ -33,6 +33,7 @@ from erpnext.accounts.utils import (
 	get_account_currency,
 	update_voucher_outstanding,
 )
+from erpnext.assets.doctype.asset.asset import split_asset
 from erpnext.assets.doctype.asset.depreciation import (
 	depreciate_asset,
 	get_gl_entries_on_asset_disposal,
@@ -468,6 +469,8 @@ class SalesInvoice(SellingController):
 			self.update_stock_reservation_entries()
 			self.update_stock_ledger()
 
+		self.split_asset_based_on_sale_qty()
+
 		self.process_asset_depreciation()
 
 		# this sequence because outstanding may get -ve
@@ -1358,6 +1361,51 @@ class SalesInvoice(SellingController):
 			):
 				throw(_("Delivery Note {0} is not submitted").format(d.delivery_note))
 
+	def split_asset_based_on_sale_qty(self):
+		asset_qty_map = self.get_asset_qty()
+		for asset, qty in asset_qty_map.items():
+			if qty["actual_qty"] < qty["sale_qty"]:
+				frappe.throw(
+					_(
+						"Sell quantity cannot exceed the asset quantity. Asset {0} has only {1} item(s)."
+					).format(asset, qty["actual_qty"])
+				)
+
+			remaining_qty = qty["actual_qty"] - qty["sale_qty"]
+			if remaining_qty > 0:
+				split_asset(asset, remaining_qty)
+
+	def get_asset_qty(self):
+		asset_qty_map = {}
+
+		assets = {row.asset for row in self.items if row.is_fixed_asset and row.asset}
+		if not assets or self.is_return:
+			return asset_qty_map
+
+		asset_actual_qty = dict(
+			frappe.db.get_all(
+				"Asset",
+				{"name": ["in", list(assets)]},
+				["name", "asset_quantity"],
+				as_list=True,
+			)
+		)
+		for row in self.items:
+			if row.is_fixed_asset and row.asset:
+				actual_qty = asset_actual_qty.get(row.asset)
+				if row.asset in asset_qty_map.keys():
+					asset_qty_map[row.asset]["sale_qty"] += flt(row.qty)
+				else:
+					asset_qty_map.setdefault(
+						row.asset,
+						{
+							"sale_qty": flt(row.qty),
+							"actual_qty": flt(actual_qty),
+						},
+					)
+
+		return asset_qty_map
+
 	def process_asset_depreciation(self):
 		if (self.is_return and self.docstatus == 2) or (not self.is_return and self.docstatus == 1):
 			self.depreciate_asset_on_sale()
diff --git a/erpnext/assets/doctype/asset/asset.js b/erpnext/assets/doctype/asset/asset.js
index dc65883eb15..f3a310a101d 100644
--- a/erpnext/assets/doctype/asset/asset.js
+++ b/erpnext/assets/doctype/asset/asset.js
@@ -111,7 +111,7 @@ frappe.ui.form.on("Asset", {
 				frm.add_custom_button(
 					__("Sell Asset"),
 					function () {
-						frm.trigger("make_sales_invoice");
+						frm.trigger("sell_asset");
 					},
 					__("Manage")
 				);
@@ -521,22 +521,6 @@ frappe.ui.form.on("Asset", {
 		frm.trigger("toggle_reference_doc");
 	},
 
-	make_sales_invoice: function (frm) {
-		frappe.call({
-			args: {
-				asset: frm.doc.name,
-				item_code: frm.doc.item_code,
-				company: frm.doc.company,
-				serial_no: frm.doc.serial_no,
-			},
-			method: "erpnext.assets.doctype.asset.asset.make_sales_invoice",
-			callback: function (r) {
-				var doclist = frappe.model.sync(r.message);
-				frappe.set_route("Form", doclist[0].doctype, doclist[0].name);
-			},
-		});
-	},
-
 	create_asset_maintenance: function (frm) {
 		frappe.call({
 			args: {
@@ -585,6 +569,69 @@ frappe.ui.form.on("Asset", {
 		});
 	},
 
+	sell_asset: function (frm) {
+		const make_sales_invoice = (sell_qty) => {
+			frappe.call({
+				method: "erpnext.assets.doctype.asset.asset.make_sales_invoice",
+				args: {
+					asset: frm.doc.name,
+					item_code: frm.doc.item_code,
+					company: frm.doc.company,
+					serial_no: frm.doc.serial_no,
+					sell_qty: sell_qty,
+				},
+				callback: function (r) {
+					var doclist = frappe.model.sync(r.message);
+					frappe.set_route("Form", doclist[0].doctype, doclist[0].name);
+				},
+			});
+		};
+
+		let dialog = new frappe.ui.Dialog({
+			title: __("Sell Asset"),
+			fields: [
+				{
+					fieldname: "sell_qty",
+					fieldtype: "Int",
+					label: __("Sell Qty"),
+					reqd: 1,
+				},
+			],
+		});
+
+		dialog.set_primary_action(__("Sell"), function () {
+			const dialog_data = dialog.get_values();
+			const sell_qty = cint(dialog_data.sell_qty);
+			const asset_qty = cint(frm.doc.asset_quantity);
+
+			if (sell_qty <= 0) {
+				frappe.throw(__("Sell quantity must be greater than zero"));
+			}
+
+			if (sell_qty > asset_qty) {
+				frappe.throw(__("Sell quantity cannot exceed the asset quantity"));
+			}
+
+			if (sell_qty < asset_qty) {
+				frappe.confirm(
+					__(
+						"The sell quantity is less than the total asset quantity. The remaining quantity will be split into a new asset. This action cannot be undone. <br><br><b>Do you want to continue?</b>"
+					),
+					() => {
+						make_sales_invoice(sell_qty);
+						dialog.hide();
+					}
+				);
+				return;
+			}
+
+			make_sales_invoice(sell_qty);
+			dialog.hide();
+		});
+
+		dialog.show();
+	},
+
 	split_asset: function (frm) {
 		const title = __("Split Asset");
 
diff --git a/erpnext/assets/doctype/asset/asset.py b/erpnext/assets/doctype/asset/asset.py
index 701be98a0d6..b929eda7d6a 100644
--- a/erpnext/assets/doctype/asset/asset.py
+++ b/erpnext/assets/doctype/asset/asset.py
@@ -482,6 +482,9 @@ class Asset(AccountsController):
 			frappe.throw(_("Available-for-use Date should be after purchase date"))
 
 	def validate_linked_purchase_documents(self):
+		if self.flags.is_split_asset:
+			return
+
 		for fieldname, doctype in [
 			("purchase_receipt", "Purchase Receipt"),
 			("purchase_invoice", "Purchase Invoice"),
@@ -1083,7 +1086,7 @@ def get_asset_naming_series():
 
 
 @frappe.whitelist()
-def make_sales_invoice(asset, item_code, company, serial_no=None, posting_date=None):
+def make_sales_invoice(asset, item_code, company, sell_qty, serial_no=None):
 	asset_doc = frappe.get_doc("Asset", asset)
 	si = frappe.new_doc("Sales Invoice")
 	si.company = company
@@ -1098,7 +1101,7 @@ def make_sales_invoice(asset, item_code, company, serial_no=None, posting_date=N
 			"income_account": disposal_account,
 			"serial_no": serial_no,
 			"cost_center": depreciation_cost_center,
-			"qty": 1,
+			"qty": sell_qty,
 		},
 	)
 
@@ -1378,6 +1381,7 @@ def process_asset_split(existing_asset, split_qty, splitted_asset=None, is_new_a
 	scaling_factor = flt(split_qty) / flt(existing_asset.asset_quantity)
 	new_asset = frappe.copy_doc(existing_asset) if is_new_asset else splitted_asset
 	asset_doc = new_asset if is_new_asset else existing_asset
+	asset_doc.flags.is_split_asset = True
 
 	set_split_asset_values(asset_doc, scaling_factor, split_qty, existing_asset, is_new_asset)
 	log_asset_activity(existing_asset, asset_doc, splitted_asset, is_new_asset)
diff --git a/erpnext/assets/doctype/asset/test_asset.py b/erpnext/assets/doctype/asset/test_asset.py
index c54c39ab7c8..600f6126f61 100644
--- a/erpnext/assets/doctype/asset/test_asset.py
+++ b/erpnext/assets/doctype/asset/test_asset.py
@@ -330,7 +330,9 @@ class TestAsset(AssetSetup):
 
 		post_depreciation_entries(date=add_months(purchase_date, 2))
 
-		si = make_sales_invoice(asset=asset.name, item_code="Macbook Pro", company="_Test Company")
+		si = make_sales_invoice(
+			asset=asset.name, item_code="Macbook Pro", company="_Test Company", sell_qty=asset.asset_quantity
+		)
 		si.customer = "_Test Customer"
 		si.due_date = date
 		si.get("items")[0].rate = 25000
@@ -458,7 +460,9 @@ class TestAsset(AssetSetup):
 
 		post_depreciation_entries(date="2021-01-01")
 
-		si = make_sales_invoice(asset=asset.name, item_code="Macbook Pro", company="_Test Company")
+		si = make_sales_invoice(
+			asset=asset.name, item_code="Macbook Pro", company="_Test Company", sell_qty=asset.asset_quantity
+		)
 		si.customer = "_Test Customer"
 		si.due_date = nowdate()
 		si.get("items")[0].rate = 25000
@@ -698,6 +702,128 @@ class TestAsset(AssetSetup):
 		frappe.db.set_value("Asset Category Account", name, "capital_work_in_progress_account", cwip_acc)
 		frappe.db.get_value("Company", "_Test Company", "capital_work_in_progress_account", cwip_acc)
 
+	def test_partial_asset_sale(self):
+		date = nowdate()
+		purchase_date = add_months(get_first_day(date), -2)
+		depreciation_start_date = add_months(get_last_day(date), -2)
+
+		# create an asset
+		asset = create_asset(
+			item_code="Macbook Pro",
+			is_existing_asset=1,
+			calculate_depreciation=1,
+			available_for_use_date=purchase_date,
+			purchase_date=purchase_date,
+			depreciation_start_date=depreciation_start_date,
+			net_purchase_amount=1000000.0,
+			purchase_amount=1000000.0,
+			asset_quantity=10,
+			total_number_of_depreciations=12,
+			frequency_of_depreciation=1,
+			submit=1,
+		)
+		asset_depr_schedule_before_sale = get_asset_depr_schedule_doc(asset.name, "Active")
+		post_depreciation_entries(date)
+		asset.reload()
+
+		# check asset values before sale
+		self.assertEqual(asset.asset_quantity, 10)
+		self.assertEqual(asset.net_purchase_amount, 1000000)
+		self.assertEqual(asset.status, "Partially Depreciated")
+		self.assertEqual(
+			asset_depr_schedule_before_sale.depreciation_schedule[0].get("depreciation_amount"), 83333.33
+		)
+
+		# make a partial sales against the asset
+		si = make_sales_invoice(
+			asset=asset.name, item_code="Macbook Pro", company="_Test Company", sell_qty=5
+		)
+		si.customer = "_Test Customer"
+		si.due_date = date
+		si.get("items")[0].rate = 25000
+		si.insert()
+		si.submit()
+
+		asset.reload()
+		asset_depr_schedule_after_sale = get_asset_depr_schedule_doc(asset.name, "Active")
+
+		# check asset values after sales
+		self.assertEqual(asset.asset_quantity, 5)
+		self.assertEqual(asset.net_purchase_amount, 500000)
+		self.assertEqual(asset.status, "Sold")
+		self.assertEqual(
+			asset_depr_schedule_after_sale.depreciation_schedule[0].get("depreciation_amount"), 41666.66
+		)
+
+	def test_asset_splitting_for_non_existing_asset(self):
+		date = nowdate()
+		purchase_date = add_months(get_first_day(date), -2)
+		depreciation_start_date = add_months(get_last_day(date), -2)
+
+		asset_qty = 10
+		asset_rate = 100000.0
+		asset_item = "Macbook Pro"
+		asset_location = "Test Location"
+
+		frappe.db.set_value("Item", asset_item, "is_grouped_asset", 1)
+
+		# Inward asset via Purchase Receipt
+		pr = make_purchase_receipt(
+			item_code="Macbook Pro",
+			posting_date=purchase_date,
+			qty=asset_qty,
+			rate=asset_rate,
+			location=asset_location,
+			supplier="_Test Supplier",
+		)
+
+		asset = frappe.db.get_value("Asset", {"purchase_receipt": pr.name, "docstatus": 0}, "name")
+		asset_doc = frappe.get_doc("Asset", asset)
+		asset_doc.calculate_depreciation = 1
+		asset_doc.available_for_use_date = purchase_date
+		asset_doc.location = asset_location
+		asset_doc.append(
+			"finance_books",
+			{
+				"expected_value_after_useful_life": 0,
+				"depreciation_method": "Straight Line",
+				"total_number_of_depreciations": 12,
+				"frequency_of_depreciation": 1,
+				"depreciation_start_date": depreciation_start_date,
+			},
+		)
+		asset_doc.submit()
+
+		# check asset values before splitting
+		asset_depr_schedule_before_splitting = get_asset_depr_schedule_doc(asset_doc.name, "Active")
+		self.assertEqual(asset_doc.asset_quantity, 10)
+		self.assertEqual(asset_doc.net_purchase_amount, 1000000)
+		self.assertEqual(
+			asset_depr_schedule_before_splitting.depreciation_schedule[0].get("depreciation_amount"), 83333.33
+		)
+
+		# initate asset split
+		new_asset = split_asset(asset_doc.name, 5)
+		asset_doc.reload()
+		asset_depr_schedule_after_sale = get_asset_depr_schedule_doc(asset_doc.name, "Active")
+		new_asset_depr_schedule = get_asset_depr_schedule_doc(new_asset.name, "Active")
+
+		# check asset values after splitting
+		self.assertEqual(asset_doc.asset_quantity, 5)
+		self.assertEqual(asset_doc.net_purchase_amount, 500000)
+		self.assertEqual(
+			asset_depr_schedule_after_sale.depreciation_schedule[0].get("depreciation_amount"), 41666.66
+		)
+
+		# check new asset values after splitting
+		self.assertEqual(new_asset.asset_quantity, 5)
+		self.assertEqual(new_asset.net_purchase_amount, 500000)
+		self.assertEqual(
+			new_asset_depr_schedule.depreciation_schedule[0].get("depreciation_amount"), 41666.66
+		)
+
+		frappe.db.set_value("Item", asset_item, "is_grouped_asset", 0)
+
 
 class TestDepreciationMethods(AssetSetup):
 	def test_schedule_for_straight_line_method(self):
diff --git a/erpnext/assets/doctype/asset_repair/test_asset_repair.py b/erpnext/assets/doctype/asset_repair/test_asset_repair.py
index 15ceb51648b..d085a4c6e4b 100644
--- a/erpnext/assets/doctype/asset_repair/test_asset_repair.py
+++ b/erpnext/assets/doctype/asset_repair/test_asset_repair.py
@@ -51,7 +51,9 @@ class TestAssetRepair(IntegrationTestCase):
 			submit=1,
 		)
 
-		si = make_sales_invoice(asset=asset.name, item_code="Macbook Pro", company="_Test Company")
+		si = make_sales_invoice(
+			asset=asset.name, item_code="Macbook Pro", company="_Test Company", sell_qty=asset.asset_quantity
+		)
 		si.customer = "_Test Customer"
 		si.due_date = date
 		si.get("items")[0].rate = 25000