A Fixed Asset Register Template Built for Canadian Books
Most asset register templates are generic American spreadsheets with a straight-line column bolted on. This one is built around what your accountant actually asks for at year-end: a proper register and a CCA worksheet laid out like T2 Schedule 8.
Asset Register
14 columns: FA number, description, category, CCA class, location, serial number, acquisition date, cost, residual, book method and rate, disposal date, proceeds, notes. Three sample rows show you the format.
CCA Worksheet
One row per class, laid out like T2 Schedule 8 / T2125 Area A. Enter opening UCC, additions, and dispositions — maximum CCA and closing UCC calculate automatically. 2026 rates prefilled for 11 common classes, with a first-year factor for the RIIP (0.5) or the half-year rule (−0.5).
How to Use
Instructions, a CCA quick reference with class rates, and the rules the formulas can't handle (100% write-off classes) flagged clearly, so nothing is silently wrong.
Excel (.xlsx), 18 KB · Works in Google Sheets via File → Import · No locked cells
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If it doesn't, download the template here. Using Google Sheets? File → Import → Upload the .xlsx.
Built Around Schedule 8, Not a Generic Ledger
The CCA worksheet mirrors the columns your T2 Schedule 8 or T2125 Area A actually needs, with 2026 first-year rules built into the formula.
2026 First-Year Rules Included
The first-year factor column applies the Reaccelerated Investment Incentive (1.5× the rate for most property acquired 2025–2029) or the half-year rule with one cell change. The claim formula caps at remaining UCC automatically.
Honest About Its Limits
Classes with 100% first-year write-offs — Class 53 machinery, Class 54 zero-emission vehicles, computers acquired after April 15, 2024 — don't fit a one-formula model. The worksheet flags them for manual entry instead of calculating something wrong.
A negative closing UCC stays visible, because that's recapture your accountant needs to see — not an error to hide.
Where the Spreadsheet Stops
A spreadsheet can hold your register and your annual CCA claim. What it can't do: calculate book depreciation daily, keep an audit trail of who changed what, or produce a mid-quarter report without new formulas.
That's the line where faManager takes over — the register carries straight across. Free for up to 50 assets.
Template Questions
Reading Up Before You Fill It In?
Our plain-language CCA guide covers the half-year rule, the 2026 Reaccelerated Investment Incentive, recapture, and how CCA differs from your book depreciation.
Built by Cloudtric Inc. in Brandon, Manitoba