Business Best Practices
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Depreciation & Loan Amortization Schedules (Excel XLSX)
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HIGHLIGHTS
BENEFITS OF DOCUMENT
- Assist users in calculating depreciation & amortization amounts, which are used on company's financial statements
- Template is suitable for any kind of business
DOCUMENT DESCRIPTION
This product (Depreciation & Loan Amortization Schedules) is an Excel workbook (XLSX), which you can download immediately upon purchase.
Professional Template for Depreciation & Amortization Calculations.
Depreciation:
Calculation of Fixed Assets depreciation using the 3 main depreciation Methods
Inputs:
Update Gray Fill – Blue Font Cells
Price: Fill in the purchase price of each Asset Category
Purchase Year : Fill in the year the asset was originally purchased
Salvage Value: Fill in the estimated amount of the asset and the end of it's useful life.
Useful Life: Fill in the estimated years the asset will remain in service
Select the desired Depreciation Method from the Drop-Down List
SL : Straight-Line Depreciation
SYD : Sum-of-Years' Digits
DDB : Double Declining Balance
Loan Amortization:
Calculation of Amortization Schedule, using 6 different payment frequency scenarios (Annual, Semi-Annual, Quarterly, Bi-Monthly, Monthly)
Inputs:
Loan Amount : Fill in the total amount of the Loan
Annual Interest Rate: Fill in the Annual Rate (%)
Term of Loan in Years; Fill in the duration of the loan in years
First Payment Date: Fill in the first payment date of the loan
Payment Frequency: Select payment frequency from the drop-down list (Annual, Semi-annual, Quarterly, Bi-monthly, Monthly)
Template is easy customizable and suitable for any type of business / industry.
Got a question about the product? Email us at [email protected] or ask the author directly by using the "Ask the Author a Question" form. If you cannot view the preview above this document description, go here to view the large preview instead.
Source: Best Practices in Depreciation Excel: Depreciation & Loan Amortization Schedules Excel (XLSX) Spreadsheet, Profit Vision
ABOUT THE AUTHOR: PROFIT VISION
Profit Vision provides Consulting & Outsourced Financial Services as well as Financial Planning & Performance analysis to small and mid-size businesses by implementing efficient and effective tools to assist them with start-up business plans or improve their ongoing operations. [read more]
Profit Vision has published 150 additional documents on Flevy.
DETAILS
This business document is categorized under the function(s): Corporate Finance
It applies to All Industries
File Size: 3 MB
Related Topic(s): Depreciation
Purchase includes lifetime product updates. After your purchase, you will receive an email to download this document.
Initial upload date (first version): May 2, 2021
Most recent version published: May 3, 2021
