Assist Pro+ / Resources

Depreciation Wizard

Create a complete depreciation schedule for a single asset using straight-line, reducing balance or double-declining depreciation with automatic partial-period calculations.

Where to find it

Follow the ribbon path.

Assist Pro + → Resources → Finance Tools → Depreciation Wizard

Part of Assist Pro+. Eligible tools can also be selected through Assist Pro’s 30-tool Vault allowance. Check the Vault for availability.

Open the tool and follow its prompts. Use a copy of your workbook when trying an action for the first time, then check the result.

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Practical guidance

Use this tool in your workflow.

How to use

Choose the accounting schedule or source-column range you need to calculate or inspect. On Assist Pro + › Resources › Finance Tools, choose Depreciation Wizard to create a complete depreciation schedule for a single asset using straight-line, reducing balance or double-declining depreciation with automatic partial-period calculations. Compare the calculation or reference to the actual transaction, agreement or applicable guidance.

Best use case

Creating a depreciation calculation with partial-year treatment.

Accounting and audit

Speeds preparing or checking tax, depreciation, lease and ledger calculations by helping create a complete depreciation schedule for a single asset using straight-line, reducing balance or double-declining depreciation with automatic partial-period calculations.