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).
Note: to input additional assets, use the "+" button in the left-hand margin of the template.

Column A

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

Useful Life (in years)

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

Column D

Salvage Value (if other than

$0)

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

Column E

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

Asset

Cost

Fiscal Year put

into service
(yyyy)

Please Note: This document is made available by Fiscal Management A

professional advice. The information provided in this document is of a ge
needs. It should not be used, relied upon or treated as a substitute for sp
professional advice before making any decision in relation to your partic
currency of the information provided on and made available through this
upon or use of any information made available through this document sh
or indirect, and however caused, to any person or organization arising fr
document.

Fiscal Management Associates, LLC, 2014. All rights reserved

nd Depreciation Schedule
Enter input to yellow cells only

Depreciation Amount by Fiscal Year

Useful Life
(in years)

Salvage Value
(if other than $0)

TOTAL

2014

2015

2016

able by Fiscal Management Associates, LLC (FMA), for informational purposes only and does not constitute financial or
ded in this document is of a general nature and does not take into account your individual objectives, financial situation or
or treated as a substitute for specific professional advice. FMA recommends that you obtain your own independent
cision in relation to your particular requirements or circumstances. FMA does not warrant the accuracy, completeness or
d made available through this document. By viewing or using this document, you acknowledge and agree that any reliance
able through this document shall be entirely at your own risk. FMA shall not be liable for any loss or damage, whether direct
erson or organization arising from the use of (or reliance upon) information provided on and made available through this

C, 2014. All rights reserved.

l Year
2017

2018

2019

2020

2021

2022

2023

2024

2025

2026

2027

2028

2029

2030

###
###
###
###
###
###
###
###

###
###
###
###
###
###
###
###
###
###
###
###
###
###
-