
Introduction to the course and Instructor intro
This course includes two Excel depreciation templates. This lecture covers the original
course template. For the newer Pro template (SLN, DB, and DDB — up to 50 assets), see
the bonus lecture at the end of the course.
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WHICH TEMPLATE SHOULD YOU USE?
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Original Template (this lecture)
Best for: Year-over-year fixed asset tracking for a business or audit engagement
Structure: Multi-year, multi-block, VBA-powered
Methods: Straight-line (SLN)
Capacity: 5 asset blocks, up to 1,000 rows per block
Use when: You need to carry forward an asset register from one financial year to the next
Pro Template (bonus lecture)
Best for: Depreciation calculations, budgeting, and analysis across three methods
Structure: Single-file, dashboard-driven
Methods: SLN, DB, and DDB
Capacity: Up to 50 assets
Use when: You want a clean, modern model with live KPIs and a validation report
Both templates are free for enrolled students.
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ORIGINAL TEMPLATE — SETUP INSTRUCTIONS
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Step 1: Enable macros before opening
Go to File > Options > Trust Center > Trust Center Settings > Macro Settings
Select "Disable all macros with notification" and click OK
This allows the template to function correctly without enabling all macros by default
Step 2: Unprotect sheets only when needed
The sheets and VBA module share the same password (provided in the downloadable resource)
Unprotect only if you need to add or delete asset blocks, add rows, or rename blocks
Re-protect the sheet before sharing with colleagues
Step 3: Plan your asset blocks before you start
This is the most important setup step.
The template uses a year-carry-forward structure. Once you carry the first-year sheet
forward to Year 2, you cannot add new rows to any block without causing opening balance
errors in columns L and AC.
Before you begin entering any data, set up enough blocks and rows in Year 1 to
accommodate future asset additions. You will not need to add rows later if you plan
correctly from the start.
The template includes 5 blocks with 1,000 rows each — sufficient for most small to
medium-sized businesses and audit engagements.
If you have questions about setup or run into an issue, post in the Q&A section.
I respond to all questions directly.
Definition of depreciation with sweet example :)
What are the key differences between terms depreciation and amortization? (definition of amortization)
Other terms related to term depreciation and these terms are quite important to know because they are crucial to depreciation accounting (covered in next section of the course)
In this lecture I will discuss various methods of depreciation (most common ones).
Journal entries and book keeping for depreciation (monthly and yearly), accounting (JE) in case of sale of an asset with profit or loss.
How depreciation is crucial while filing your annual tax returns, what is tax shield? Explained in detail with example
How different depreciation methods affect taxable Income.
I will explain you what is depreciation model is all about in depth. What each column does and how it is structured
Lets see how model works with practical examples!!
What are the advance features of the this model? for eg : adding next year sheet, adding and deleting rows within each block (table), how to add more assets block
Thank you so much for investing your valuation time in my course, I am sure you have learn something new (even if you are veteran finance/accounting professional), as I have mentioned in the course, I will be adding two more Models/templates with DB/WDV and DDB method in future!
Cheers and I will see you in my next course !
This bonus lecture introduces the Pro Depreciation Calculator — an updated Excel template covering Straight Line, Declining Balance and Double Declining Balance depreciation for up to 50 assets. Download it for free using the PDF attached to this lecture.
This is the Link to the slides I have shown at the beginning of the lecture. These are interactive slides; play around with them to understand concepts of depreciation charge for each method, how it impacts annually for any assets.
https://j14b44cfx260-deploy.space-z.ai/
Depreciation accounting sounds straightforward — until you're managing 30 assets, mid-year disposals, multiple methods, and a manager waiting for accurate numbers.
This course gives you both the theory and the tools to handle it properly.
BONUS: FREE PRO DEPRECIATION TEMPLATE — NOW INCLUDED
A new lecture has been added exclusively for enrolled students.
You will receive the Pro Depreciation Calculator — a professionally built Excel model that handles:
Up to 50 fixed assets in a single file
Three depreciation methods: SLN (Straight Line), DB (Declining Balance), and DDB (Double Declining Balance)
Mid-year asset additions and disposals
Live Dashboard with KPIs — total cost, accumulated depreciation, net book value, tax shield
Automated Validation Report — flags errors before they reach your books
Monthly depreciation output schedule
Power Query-enhanced detailed report
This template is free for all enrolled students. Details are in the bonus lecture inside the course.
WHAT THIS COURSE COVERS
Over 7,300 accountants, auditors, and finance professionals have used this course to sharpen their depreciation knowledge and build models they can rely on.
The course focuses on the practical realities of fixed asset accounting — not just the formulas, but the situations where things go wrong:
- What happens when an asset is purchased or disposed of mid-year?
- How do you calculate the exact gain or loss on disposal?
- How do you forecast depreciation for next year's budget?
- What is the balance sheet and P&L impact of each transaction?
You will work through real examples and learn how the depreciation model handles each scenario — including the ones your colleagues struggle with.
WHO BUILT THIS
Prashant Panchal is a Chartered Accountant (ACA) and FMVA® with 19 years of senior finance experience across the GCC — including 13 years as Finance Director at a multi-country operation. He has personally built and used depreciation models in live finance functions, audit engagements, and FP&A cycles.
This course is built from that experience — not from textbooks.