Save Discard Editing — you hold the check-out

BIU $123% .0+.0−⌫ ≡▦

G15 fx =SUM(G9,G13)

	A	B	C	D	E	F	G	H
1	Kestrel Manufacturing LLC
2	Fixed asset & depreciation schedule — FY2025
3
4	Asset	In service	Cost	Salvage	Life	Prior accum.	Current yr	Net book
5	Machinery — line 3 press
6	CNC press, Haas VF-4	03/14/2022	186,400.00	12,000.00	7	87,171.43	24,914.29	74,314.28
7	Hydraulic brake press	08/02/2023	94,750.00	6,000.00	7	30,464.29	12,678.57	51,607.14
8	Conveyor system	11/19/2024	42,300.00	2,500.00	10	3,980.00	3,980.00	34,340.00
9	Subtotal — machinery		323,450.00	20,500.00		121,615.72	41,572.86	160,261.42
10	Vehicles
11	Ford F-250, VIN …4471	05/22/2023	58,900.00	8,000.00	5	20,776.67	10,180.00	27,943.33
12	Delivery van	01/08/2025	41,200.00	5,000.00	5	0.00	7,240.00	33,960.00
13	Subtotal — vehicles		100,100.00	13,000.00		20,776.67	17,420.00	61,903.33
14
15	Total fixed assets		423,550.00	33,500.00		142,392.39	58,992.86	222,164.75
16
17	Per general ledger — acct 1700		423,550.00			142,392.39
18	Difference		0.00			0.00

DepreciationAdditions DisposalsGL tie-out

Save Discard Editing — you hold the check-out

BIU $123% .0+.0−⌫ ≡▦

C18 fx =ROUND(C15-C17,2)

	A	B	C	D	E	F	G	H
1	Kestrel Manufacturing LLC
2	Fixed asset & depreciation schedule — FY2025
3
4	Asset	In service	Cost	Salvage	Life	Prior accum.	Current yr	Net book
5	Machinery — line 3 press
6	CNC press, Haas VF-4	03/14/2022	186,400.00	12,000.00	7	87,171.43	24,914.29	74,314.28
7	Hydraulic brake press	08/02/2023	94,750.00	6,000.00	7	30,464.29	12,678.57	51,607.14
8	Conveyor system	11/19/2024	42,300.00	2,500.00	10	3,980.00	3,980.00	34,340.00
9	Subtotal — machinery		323,450.00	20,500.00		121,615.72	41,572.86	160,261.42
10	Vehicles
11	Ford F-250, VIN …4471	05/22/2023	58,900.00	8,000.00	5	20,776.67	10,180.00	27,943.33
12	Delivery van	01/08/2025	41,200.00	5,000.00	5	0.00	7,240.00	33,960.00
13	Subtotal — vehicles		100,100.00	13,000.00		20,776.67	17,420.00	61,903.33
14
15	Total fixed assets		423,550.00	33,500.00		142,392.39	58,992.86	222,164.75
16
17	Per general ledger — acct 1700		423,550.00			142,392.39
18	Difference		0.00			0.00

DepreciationAdditions DisposalsGL tie-out

Edit Read-only

BIU $123% .0+.0−⌫ ≡▦

G6 fx =SLN(

	A	B	C	D	E	F	G	H
1	Kestrel Manufacturing LLC
2	Fixed asset & depreciation schedule — FY2025
3
4	Asset	In service	Cost	Salvage	Life	Prior accum.	Current yr	Net book
5	Machinery — line 3 press
6	CNC press, Haas VF-4	03/14/2022	186,400.00	12,000.00	7	87,171.43	24,914.29	74,314.28
7	Hydraulic brake press	08/02/2023	94,750.00	6,000.00	7	30,464.29	12,678.57	51,607.14
8	Conveyor system	11/19/2024	42,300.00	2,500.00	10	3,980.00	3,980.00	34,340.00
9	Subtotal — machinery		323,450.00	20,500.00		121,615.72	41,572.86	160,261.42
10	Vehicles
11	Ford F-250, VIN …4471	05/22/2023	58,900.00	8,000.00	5	20,776.67	10,180.00	27,943.33
12	Delivery van	01/08/2025	41,200.00	5,000.00	5	0.00	7,240.00	33,960.00
13	Subtotal — vehicles		100,100.00	13,000.00		20,776.67	17,420.00	61,903.33
14
15	Total fixed assets		423,550.00	33,500.00		142,392.39	58,992.86	222,164.75
16
17	Per general ledger — acct 1700		423,550.00			142,392.39
18	Difference		0.00			0.00

DepreciationAdditions DisposalsGL tie-out

SLN

SLN(cost, salvage, life)

Straight-line depreciation of an asset for one period.

SYD

SYD(cost, salvage, life, per)

Sum-of-years-digits depreciation for a period.

DDB

DDB(cost, salvage, life, period, [factor])

Depreciation using the double-declining balance method.

Checked out by Marcus Reed — read-only until they check it back in.

BIU $123% .0+.0−⌫ ≡▦

	A	B	C	D	E	F	G	H
1	Kestrel Manufacturing LLC
2	Fixed asset & depreciation schedule — FY2025
3
4	Asset	In service	Cost	Salvage	Life	Prior accum.	Current yr	Net book
5	Machinery — line 3 press
6	CNC press, Haas VF-4	03/14/2022	186,400.00	12,000.00	7	87,171.43	24,914.29	74,314.28
7	Hydraulic brake press	08/02/2023	94,750.00	6,000.00	7	30,464.29	12,678.57	51,607.14
8	Conveyor system	11/19/2024	42,300.00	2,500.00	10	3,980.00	3,980.00	34,340.00
9	Subtotal — machinery		323,450.00	20,500.00		121,615.72	41,572.86	160,261.42
10	Vehicles
11	Ford F-250, VIN …4471	05/22/2023	58,900.00	8,000.00	5	20,776.67	10,180.00	27,943.33
12	Delivery van	01/08/2025	41,200.00	5,000.00	5	0.00	7,240.00	33,960.00
13	Subtotal — vehicles		100,100.00	13,000.00		20,776.67	17,420.00	61,903.33
14
15	Total fixed assets		423,550.00	33,500.00		142,392.39	58,992.86	222,164.75
16
17	Per general ledger — acct 1700		423,550.00			142,392.39
18	Difference		0.00			0.00

DepreciationAdditions DisposalsGL tie-out

It behaves like every other document

Which is the point — a spreadsheet is not a special case.

1Created from Documents or a binderName it and it exists as an .xlsx in that client's library, or as a workpaper under a section.

2Editing takes the check-outWhile you hold it nobody else can save over you — they see who has it and a read-only grid.

3Saving writes a numbered versionEvery save is a version, not an overwrite.

4A new version clears its sign-offsSaving a workpaper spreadsheet after review sends it back to Re-review · doc changed.

5Finalizing the binder locks itThe bar reads Finalized — read-only, and Edit is unavailable.

Built-in spreadsheets