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. 2022). Cell E4

Enter the name of the individual asset or group of assets being depreciated (e.g. van, copier, computers).
Asset 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

Enter the fiscal year in which the asset or group of assets was put into service, in YYYY format (e.g. 2017). Column C
(YYYY)

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) Column D
blank.)

Enter the salvage value of the asset or group of assets (in other words, the estimated amount that can be obtained
Salvage Value (if other than
for the asset after its useful life has ended). In most cases, salvage value is assumed to be $0, in which case this Column E
$0)
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)
Cell E7
depreciation, as of FYE as of the end of the current fiscal year.

Calculates annual depreciation estimates for each individual asset or group of assets in columns H and following.
Depreciation Amount by Fiscal
Additionally, the template will calculate the organization's total annual depreciation estimate on row 67, columns Columns H - AT
Year
H and following.
 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)
3D Packaging Machine $ 2,450,000,000 2021 10

ANNUAL TOTAL

Please Note: This document is made available by BDO FMA, for informational purpose
information provided in this document is of a general nature and does not take into acc
used, relied upon or treated as a substitute for specific professional advice. BDO FMA
making any decision in relation to your particular requirements or circumstances. BDO
information provided on and made available through this document. By viewing or usin
any information made available through this document shall be entirely at your own ris
indirect, and however caused, to any person or organization arising from the use of (or
document.
© BDO FMA LLC, 2022. All rights reserved.
 Enter input to
ciation Schedule yellow cells only

2024
$ 2,450,000,000
$ 686,000,000
$ 1,764,000,000

Depreciation Amount by Fiscal Year

Salvage Value
(if other than $0) Prior 2023 2023 2024 2025 2026
$ 490,000,000 $ 294,000,000 $ - $ 196,000,000 $ 196,000,000 $ 196,000,000 $ 196,000,000
$ - $ -
$ - $ -
$ - $ -
$ - $ -
$ - $ -
$ - $ -
$ - $ -
$ - $ -
$ - $ -
$ - $ -
$ - $ -
$ - $ -
$ - $ -
$ - $ -
$ - $ -
$ - $ -
$ - $ -
$ - $ -
$ - $ -
ANNUAL TOTAL $ 294,000,000 $ 196,000,000 $ 196,000,000 $ 196,000,000 $ 196,000,000

by BDO FMA, for informational purposes only and does not constitute financial or professional advice. The
eneral nature and does not take into account your individual objectives, financial situation or needs. It should not be
specific professional advice. BDO FMA recommends that you obtain your own independent professional advice before
ar requirements or circumstances. BDO FMA does not warrant the accuracy, completeness or currency of the
rough this document. By viewing or using this document, you acknowledge and agree that any reliance upon or use of
ocument shall be entirely at your own risk. BDO FMA shall not be liable for any loss or damage, whether direct or
r organization arising from the use of (or reliance upon) information provided on and made available through this
 2027 2028 2029 2030 2031 2032 2033
$ 196,000,000 $ 196,000,000 $ 196,000,000 $ 196,000,000 $ 98,000,000

$ 196,000,000 $ 196,000,000 $ 196,000,000 $ 196,000,000 $ 98,000,000 $ - $ -

 2034 2035 2036 2037 2038 2039 2040 2041

$ - $ - $ - $ - $ - $ - $ - $ -
 2042

$ -