Depreciation & Loan Amortization Schedules (Excel XLSX)

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.

This template provides a comprehensive overview of various depreciation methods, including Straight Line, Double Declining Balance, Sum-of-Years' Digits, and Units of Production. Each method is clearly explained with detailed examples, making it easy to understand the impact on your financial statements. The visual charts included offer a quick snapshot of how each depreciation method affects asset value over time, aiding in strategic decision-making.

The loan amortization section is equally robust, allowing for precise calculations across multiple payment frequencies. Customizable inputs ensure the template can be tailored to your specific loan terms and business needs. This tool is essential for financial planning and analysis, providing clarity and accuracy in both depreciation and loan amortization schedules.