Depreciation and Fixed Assets Template in Excel

Description
Depreciation Accounting for Fixed assets is usual activity and process for any accountant/auditor/business analyst in his/her job, but things can get really tricky and difficult when there are numbers of assets and there are transactions like disposal, sale and purchase in mid-month/mid-year.

This advanced Excel template calculates depreciation accurately based on SLN method (Straight-line method), it is a very practical template which also allows accountants to book journal entries for accurate monthly depreciation.

In case of sale of assets, the template provides you with accurate profit or loss on the sale of assets.

The template is quite interactive to use since I have used VBA codes in it, you can carry forward the entire fixed asset register to next financial year/fiscal year. You can add rows to each block of assets and remove rows with the click of a button

This tool is very useful for accountants, Auditors, financial analyst, FP&A Professional and Business analysts for figuring out fixed assets and depreciation accounting data periodically/yearly

Also, this template can be used as supplementary working for Financial Modelling exercise to calculate accurate fixed assets depreciation and profit/loss on disposal of assets

The tool is best suitable for:

Who this course is for:

Accountants who want to sharpen their practical accounting Knowledge for Fixed Assets and depreciation Accounting
Auditors who want to audit effectively for Fixed assets and depreciation for their clients
Non-Accounting professional/Entrepreneurs who want to estimate the impact of depreciation on their investment and Profit and Loss over a fixed term (usually assets useful life).