Template #5 PPE Amortization Schedule

Template #5 PPE Amortization Schedule

This is a note for the PPE amortization schedules. You can include it to reconcile and compare the PPE balance with the Balance Sheet in the financial report.

You may include any additional PPE assets held by your company as needed. 
















Regarding land, no additional recording is required; however, you may compare the carrying amount with your corporation's property assessment value.


Vehicles – Refer to the amortization method, calculation approach, and corresponding journal entries. Also, review the CRA guidelines

This form is set up to apply the half-year rule.







Computer Equipment – Refer to the amortization method, calculation approach, and corresponding journal entries. Also, review the CRA guidelines

This form is set up to apply the half-year rule.







Equipment – Refer to the amortization method, calculation approach, and corresponding journal entries. Also, review the CRA guidelines

This form is set up to apply the half-year rule.









Furniture and Fixtures – Refer to the amortization method, calculation approach, and corresponding journal entries. Also, review the CRA guidelines

This form is set up to apply the half-year rule.









Leasehold Improvements – Refer to the amortization method, calculation approach, and corresponding journal entries. Also, review the CRA guidelines

This form is set up to apply the half-year rule.







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