2022. 1. 6. · This page is the first of a 3-part series covering Depreciation in Excel.. Part 1 provides a Depreciation Schedule for financial reporting and explains the formulas used for the basic common depreciation methods.; Part. Aug 26, 2015 · 1. Open Microsoft Excel and rename the first tab to Depreciation Schedule. If several schedules are preferred for comparison sake, name the tab to something like "SL Depreciation Schedule." Other tabs can be created for Double Declining Balance, etc. 2. Place a title, such as "<Company Name> Straight Line Depreciation Schedule" in row one. 3.. Depreciation rate will be calculated as follows: = $ 9,000 / ($ 50,000 – $ 5,000) X 100 = 20%. You can also calculate straight-line depreciation using SLN Function in excel . You can also use a simple and easy Depreciation Calculator Excel Template with predefined formulas .. The template calculates the Rate of Depreciation applying the following formula: 1 - (Scrap Value/Asset Value) ^ (1/Life Span) In the end, the template displays the depreciation schedule for the diminishing balance method. It uses the rate of depreciation on the closing asset value of the asset.

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