Intangibles 15 year Amortization

The Intangibles 15 year Amortization template is designed to assist businesses in tracking and calculating the amortization of intangible assets over a 15-year period. This template provides a structured format for recording key information such as the initial cost, date of acquisition, monthly amortization, date of disposition, and months held for each intangible asset. Key Features:- Easy-to-use template for tracking and calculating the amortization of intangible assets.- Clearly labeled columns for recording the initial cost, date of acquisition, monthly amortization, date of disposition, and months held for each asset.- Automatically calculates the amortization for each period and updates the accumulated amortization and net book value.- Includes a total row to summarize the amortization for all periods.- Example and shading features to guide users on how to fill in the template correctly.Benefits of Using the Template:- Efficiently track and manage the amortization of intangible assets over a 15-year period.- Ensure accurate and consistent calculations by using a structured template.- Easily identify the net book value of each asset at any given period.- Save time and effort by automating the calculation process.- Provides a clear overview of the total amortization for all periods.In conclusion, the Intangibles 15 year Amortization template is a valuable tool for businesses to effectively track and calculate the amortization of intangible assets over a 15-year period. By using this template, businesses can streamline their asset management process, ensure accurate calculations, and have a comprehensive overview of the net book value of their intangible assets.