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

Current Fiscal Year Enter the current fiscal year in YYYY format (e.g. 2018). Cell E4

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

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. 2017). 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

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

OUTPUTS

Fixed Assets, at Cost Calculates the total value (cost basis) of all fixed assets on the schedule. Cell E5
Accumulated Depreciation, as Calculates the total accumulated depreciation of all fixed assets on the schedule as of the end of the current fiscal Cell E6
of Fiscal Year End (FYE) year (entered in cell E4).

Fixed Assets, net of Calculates the current book value of the organization's fixed assets (original cost minus accumulated depreciation)
depreciation, as of FYE as of the end of the current fiscal year. Cell E7

Calculates annual depreciation estimates for each individual asset or group of assets in columns H and following.
Depreciation Amount by Additionally, the template will calculate the organization's total annual depreciation estimate on row 67, columns Columns H - AT
Fiscal Year
H and following.

© Fiscal Management Associates, LLC, 2017. All rights reserved.

 Fixed Asset and Depreciation Schedule

Current Fiscal Year

Fixed Assets, at cost
Accumulated Depreciation as of FYE
Fixed Assets, net of depreciation, as of FYE

Fiscal Year put

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

ANNUAL 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, 2017. All rights reserved.
 Enter input to
eciation Schedule yellow cells
only

2019
$ -
$ -
$ -

Depreciation Amount by Fiscal Year

Salvage Value
(if other than $0) 2017 2018 2019 2020 2021 2022

ANNUAL 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
2017. All rights reserved.
 2023 2024 2025 2026 2027 2028 2029 2030

$ - $ - $ - $ - $ - $ - $ - $ -
 2031 2032 2033 2034 2035 2036

$ - $ - $ - $ - $ - $ -