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Fixed Asset and Depreciation Schedule: Instructions

This worksheet is intended to assist in tracking an organization's fixed assets and annual depreciation estimates.
Note: the template assumes that all assets are depreciated on a straight-line basis. For simplicity, an asset's depreciation estimate for its first and last years in service will be
calculated at a half-year's rate regardless of how many months the asset was actually in service.

Category Instructions Cell / Column / Row


INPUTS

Asset Enter the name of the individual fixed asset or group of assets being depreciated (e.g. van, copier, computers). Column A
Note: to input additional assets, use the "+" button in the left-hand margin of the template.

Cost Enter the acquisition cost of the asset or group of assets. Column B

Fiscal Year Put Into Service


(YYYY) Enter the fiscal year in which the asset or group of assets was put into service, in YYYY format (e.g. 2012). Column C

Enter the estimated useful life of the asset or group of assets in years (between 2 and 50). (For "Land," leave
Useful Life (in years) blank.) Column D

Salvage Value (if other than Enter the salvage value of the asset or group of assets (in other words, the estimated amount that can be
$0) obtained for the asset after its useful life has ended). In most cases, salvage value is assumed to be $0, in which Column E
case this cell may be left blank.

OUTPUTS

Based on the information entered, the template will calculate annual depreciation estimates for each individual asset or group of assets in columns G and following.
Additionally, the template will calculate the organization's total annual depreciation estimate on row 67, columns G and following. (Note: to see results for fiscal years beyond
2030, click the "+" button in the margin above column BH.)

Fiscal Management Associates, LLC, 2014. All rights reserved.


Fixed Asset and Depreciation Schedule

Fiscal Year put


into service Useful Life
Asset Cost (yyyy) (in years)

TOTAL

Please Note: This document is made available by Fiscal Management Associates, LLC
and does not constitute financial or professional advice. The information provided in this
does not take into account your individual objectives, financial situation or needs. It sho
a substitute for specific professional advice. FMA recommends that you obtain your own
making any decision in relation to your particular requirements or circumstances. FMA d
completeness or currency of the information provided on and made available through th
document, you acknowledge and agree that any reliance upon or use of any information
shall be entirely at your own risk. FMA shall not be liable for any loss or damage, wheth
to any person or organization arising from the use of (or reliance upon) information prov
document.

Fiscal Management Associates, LLC, 2014. All rights reserved.


eciation Schedule
Enter input to yellow cells only

Depreciation Amount by Fiscal Year


Salvage Value
(if other than $0) 2014 2015 2016 2017 2018 2019

TOTAL $ - $ - $ - $ - $ - $ -

e by Fiscal Management Associates, LLC (FMA), for informational purposes only


nal advice. The information provided in this document is of a general nature and
ectives, financial situation or needs. It should not be used, relied upon or treated as
MA recommends that you obtain your own independent professional advice before
lar requirements or circumstances. FMA does not warrant the accuracy,
rovided on and made available through this document. By viewing or using this
ny reliance upon or use of any information made available through this document
ot be liable for any loss or damage, whether direct or indirect, and however caused,
use of (or reliance upon) information provided on and made available through this

2014. All rights reserved.


2020 2021 2022 2023 2024 2025 2026 2027

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