SmartHelping / Fixed Asset Tracking / Excel
Depreciation Expense Tracker for Up to 95 Fixed Assets
Plan monthly and annual depreciation expense for assets purchased at different times with different useful lives. Track aggregate book value over up to 30 years, with a separate 15-year depreciation method comparison.
The template is available to download immediately after purchase. By purchasing, you agree to the Terms of Service.
Video walkthrough & spreadsheet preview
See how the asset inputs flow into depreciation and book value.
The 15-year straight-line versus double declining balance comparison and charts were added after this video was recorded.
Four inputs for each fixed asset
Enter each asset's cost, residual value, useful life, and purchase date.
Track up to 95 fixed assets at once, with separate assumptions for each item.
Purchase price
Enter the fixed asset's purchase price as the starting cost input.
Salvage value
Define the expected residual value at the end of the asset's useful life.
Useful life
Set the useful life for each asset so items with different depreciation periods can be tracked together.
Date of purchase
Enter the purchase date for each item to account for assets acquired at different times.
Monthly & annual reporting
Review up to 30 years of expense and aggregate book value.
Depreciation expense summaries
See the monthly and annual depreciation expense over a reporting period of up to 30 years.
Ending book value summaries
Review the aggregate ending book value of the tracked assets at each month-end and year-end over up to 30 years.
Separate 15-year helper & comparison
Compare straight-line and double declining balance results.
The workbook also includes a standalone double declining balance helper and a method comparison on a 15-year schedule.
Double declining balance helper
Use the standalone 15-year helper for double declining balance calculations. To apply it to multiple assets, copy the helper section for each item and sum the yearly values.
Method comparison and charts
Review the added comparison section and charts showing straight-line versus double declining balance results over the 15-year schedule.
The double declining balance helper is separate from the main 95-asset tracker. Combining multiple helper schedules requires copying the section and summing their annual results.
Fixed assets purchased over time
Keep different purchase dates and useful lives in one plan.
Enter the assumptions for each asset, then use the expense and book value summaries to see the combined effect over time. The separate method comparison provides another view of depreciation timing.
More templates in one purchase
Included in the Accounting Templates for Excel bundle.
Accounting Templates for Excel
Explore the collection of accounting spreadsheets, calculators, and tracking tools, including this depreciation tracker.
Explore the bundleQuestions before you start
A few useful details.
How many fixed assets can I track?
The main tracker supports up to 95 fixed assets at once, each with its own purchase price, salvage value, useful life, and purchase date.
How far do the main summaries extend?
The monthly and annual depreciation expense summaries extend up to 30 years. The aggregate ending book value summaries cover the same period at monthly and annual intervals.
Can assets have different purchase dates and useful lives?
Yes. Each asset has separate inputs for purchase date and useful life, along with its purchase price and salvage value.
Does double declining balance automatically apply across all 95 assets?
The double declining balance calculation is a standalone 15-year helper. To use it for multiple assets, copy the helper section for each asset and sum the yearly results.
Are the comparison charts shown in the video?
No. The straight-line versus double declining balance comparison and charts were added after the walkthrough was recorded. They compare the results on a 15-year schedule.
Does the tracker calculate Section 179 deductions?
No. Section 179 deductions are not included. Confirm the appropriate tax treatment of your assets separately with a tax professional.
How do I get the Excel template?
The tracker is available to download immediately after the $45 USD one-time purchase. It is also included in the Accounting Templates for Excel bundle linked above. For questions about the template, contact SmartHelping.
Depreciation expense & book value tracking
See how your fixed asset balances change over time.
Depreciation Expense Tracker — $45, one-time purchase.
