Intangible Asset Depreciation - Section 197 Amortization watermarked preview
Accounting & Bookkeeping · Financial Statements

Intangible Asset Depreciation - Section 197 Amortization

Calculate 15-year amortization schedules for Section 197 intangibles with automated fiscal year tracking.

This template automates depreciation calculations for Section 197 intangible assets using the mandatory 15-year amortization period. It tracks initial cost, fiscal year-end dates, and generates period-by-period amortization amounts with built-in date logic.

Designed for accountants, tax professionals, and business owners managing intellectual property, customer lists, goodwill, and other qualifying intangibles. Eliminates manual calculation errors and ensures tax compliance while simplifying audit documentation.

What's inside

  • Automated fiscal year-end date calculations
  • Period-by-period amortization amount computation
  • Multiple asset tracking in single worksheet
  • Built-in date logic using EOMONTH and MONTH functions
  • Tax-compliant Section 197 intangibles treatment
  • Configurable shading and series variables
#intangible assets#Section 197#amortization#tax accounting#depreciation schedule

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.xlsx · 2 sheets · included with lifetime access

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