A SWOT Analysis is a structured brainstorming and evaluation tool used to identify your internal Strengths and Weaknesses and external Opportunities and Threats. You can use a …
Free Excel Template : Intangible Asset Depreciation
- Download The Template File
- Extract The Zipped File
- Use the Template
Introduction of this Excel Template :
The U.S. Internal Revenue Service generally requires you to amortize intangible assets, or Section 197 intangibles, over 15 years (180 months). Use this template to calculate the asset amortization for each period. The number of months in the first period is based on the acquisition date and your fiscal year, and no amortization is allowed for the month the asset is disposed of.
What is Section 197 intangible ?
Section 197 intangibles are certain intangible assets acquired after August 10, 1993 (or after July 25, 1991, if chosen) in connection with the acquisition of a business which must be amortized over 15 years from the date of acquisition regardless of the assets useful life.
By Downloading this Free Excel Template, it is implied that you comply with Download Instructions
Without permission granted from us/ management team of ExcelDownloads.com, use of these excel templates and dashboards is not allowed. However, if you want to share this templates and dashboards with your friends and peers, we have provided sharing option in various social media and platform via which you can share our content.
We hope that you can get our help in making your personal and business activities easier with the use of free excel templates and dashboards, and at the same time, support the construction of our website by considering our efforts and aforesaid instructions.