diff --git a/database/migrations/2023_01_21_225350_add_eol_date_on_assets_table.php b/database/migrations/2023_01_21_225350_add_eol_date_on_assets_table.php
new file mode 100644
index 0000000000..95c3bff35b
--- /dev/null
+++ b/database/migrations/2023_01_21_225350_add_eol_date_on_assets_table.php
@@ -0,0 +1,54 @@
+<?php
+
+use Illuminate\Database\Migrations\Migration;
+use Illuminate\Database\Schema\Blueprint;
+use Illuminate\Support\Facades\Schema;
+use App\Models\Asset;
+use App\Models\AssetModel;
+
+class AddEolDateOnAssetsTable extends Migration
+{
+    /**
+     * Run the migrations.
+     *
+     * @return void
+     */
+    public function up()
+    {
+
+        Schema::table('assets', function (Blueprint $table) {
+            if (!Schema::hasColumn('assets', 'asset_eol_date')) {
+                $table->date('asset_eol_date')->after('purchase_date')->nullable()->default(null);
+            }
+        });
+
+        // Chunk the model query to get the models that do have an EOL date
+        AssetModel::whereNotNull('eol')->with('assets')->chunk(200, function ($models) {
+            foreach ($models as $model) {
+                foreach ($model->assets as $asset) {
+
+                    if ($asset->purchase_date!='') {
+                        $asset->asset_eol_date = $asset->present()->eol_date();
+                        $asset->save();
+                    }
+
+                }
+            }
+        });
+
+    }
+
+    /**
+     * Reverse the migrations.
+     *
+     * @return void
+     */
+    public function down()
+    {
+        Schema::table('assets', function (Blueprint $table) {
+            if (Schema::hasColumn('assets', 'asset_eol_date')) {
+                $table->dropColumn('asset_eol_date');
+            }
+        });
+    }
+}