Depreciation schedule
Example: machine
Initial value
Method
Assumed annual rate
Annual charge
Monthly charge
Fixed assets and depreciation schedules
Keep a register of your business assets and intangibles. Record acquisition details and review the depreciation schedule using Polish tax settings.
Explore an illustrative Norman workflow.
Fixed assets
From everyday work to organised records. See how the workflow connects.
Acquisition details
Add an asset from an expense or manually. Record the date, value, VAT deduction treatment and business use.
Document extraction
FV/10/2026/18
Supplier
Date
Net
VAT 23%
Gross
Depreciation schedule
Example: machine
Initial value
Method
Assumed annual rate
Annual charge
Monthly charge
Polish parameters
Complete the classification and depreciation parameters required for the asset. Check the conditions of the selected method before applying it.
AmountDebitCreditDocument
1 000 zł201700
230 zł201221
1 230 zł130201
Journal · October 2026Sale, VAT and payment
History and books
For an existing asset, enter its initial value and prior depreciation. In a company, link the asset to a ledger account.
See how the monthly charge is calculated
Example: initial value PLN 24,000 and an assumed straight-line rate of 20% a year. Select the actual rate for your asset’s classification.
| In Norman | What you review | |
|---|---|---|
| Initial value | PLN 24,000 | Review price, acquisition costs and VAT deduction. |
| Annual charge | 24,000 × 20% = PLN 4,800 | Review depreciation method and rate. |
| Monthly charge | 4,800 / 12 = PLN 400 | Review schedule start and prior depreciation. |
Good to know
Can I bring an asset that is already being depreciated?
Yes. Prepare the original acquisition details, previous depreciation and value at the date you start using Norman. Compare the schedule with your existing register.
Does the 20% rate apply to every asset?
No. It is an assumption in the example. Select the classification, method and rate for the particular asset, including prior depreciation.
Start with your business
Create a free account and choose a plan for your business needs.
Start for free