CA Pawan Kumar Agarwal

CA Pawan Kumar Agarwal

05.07.2019Auditors Tool on Depreciation as per Companies Act 2013- Version 2.2 updated upto FY 2019-20

WHAT IS NEW- in this updated Version 2.2

1. Consolidated Fixed Asset Register (itemised) for enabled upto Financial Year 2018-19 , akin to gross block concept.

2. Master Pivot Table enabled upto FY 2018-19

3. Small bug in relation to SLM calculation in New Asset Tab – fixed

The major features of this free utility includes: (earlier version 2.0 and 2.1)

1. Calculation of Depreciation and WDV for Fin Year 2015-2016 to Fin Year 2019-2020.

2. Consolidated Fixed Asset Register (itemised) for Fin Year 2014-15 to 2016-2017 including location wise details, akin to gross block concept. Refer Row No 1106 onwards for detail of New Assets therein while the Old assets are given at the beginning rows.

3. The aspect of sale of fixed asset and the corresponding depreciation thereof also considered in this version, including for Fin Year 2014-15 and onwards.

4. Master Pivot Sheet updated to provide overview of entire fixed asset at one single sheet with features to vividly show the entire presentation of Fixed Assets schedule on a year wise basis comprising off gross block, accumulated depreciation and closing WDV and its sub parts- including location wise segregation and drill down.

5. Embedded Facility to provide Location of Asset and Asset Identification Number / Code – Optional

6. Addition of Fixed Asset Details on or after 01.04.2015 enabled in New Assets Worksheet.

7. Mini Calculator enable to cross verify the depreciation of assets purchased on or after 01.04.2015.

8. Users can directly copy data from the earlier version _and paste the data in the current version. Refer Part B for “HOW TO COPY DATA FROM EARLIER VERSION – for step by step guide”.

9. The worksheet displays the expected date of expiry of assets considering the useful life as specified in Schedule II to Companies Act or on the basis of useful life on user’s own basis, whichever is so selected for the purpose of calculation.

Download Auditors Tool on Depreciation as per Companies Act 2013- Version 2.2 updated upto FY 2019-20

Download Depreciation Calculator Sch II Companies Act 2013- an Auditors Tool Ver 2.1

Download Depreciation Calculator Sch II Companies Act 2013- an Auditors Tool Ver 2

In case of any inconsistency or clarification/ suggestions, kindly contact us 

CA Pawan Kumar Agarwal

C/o Madanlal & Associates, Chartered Accountants, Kolkata

Email: madanlalassociates@gmail.com

Mobile: 9830262464; 9830459297

Author Bio

More Under Company Law

6 Comments

  1. Saumya Philip says:

    Thanks for this utility. Its of great help. Would like to mention one bug I am facing. In the ” new asset” sheet, the column ” no: of days put to use” delivers “#value” when i input date of addition. Please suggest a solution.

  2. Amar Mittal says:

    dear all i found that said utility although takes a whlile to download , but is o IMMENSE HELP .
    If you are facing problem in auto downloading the above calculator, you may click on the “download manually tab” given at download option by taxguru.

    Be patient file size is big- but the utility it gives us is massive.

    Alternatively, fill up the contact form at the below link to downlaod the said free utility from the dropbox link provided by the developer:

    goo.gl/forms/0fnAAMtAvGPHR6GJ3

Leave a Comment

Your email address will not be published. Required fields are marked *