An amortization schedule is a chart that tracks the falling book value of a loan or an intangible asset over time. For loans, it details each payment’s breakdown between principal and interest.

Microsoft Excel has built-in functions for multiple depreciation methods, including the: Microsoft Excel has built-in functions for multiple depreciation methods for businesses’ fixed assets.

Reviewed by Margaret James Fact checked by Vikki Velasquez A company can account for changes in the market value of its ...