We created OnPlan’s Capex Template to help you track and planyour company’s fixed asset expenditures as you grow. While everycompany is different, in our work with hundreds of companies we have acommon set of core requirements that is nearly universal. Whether you are building a forecast model from scratch, or just looking forbest practices ideas […]
March 14, 2022 1 min read
We created OnPlan’s Capex Template to help you track and plan
your company’s fixed asset expenditures as you grow. While every
company is different, in our work with hundreds of companies we have a
common set of core requirements that is nearly universal.
Whether you are building a forecast model from scratch, or just looking for
best practices ideas to add to your existing approach, we think you’ll find
value in this model.
We wrote this How-To Guide to help you understand how our model is
constructed so that you can quickly gain what you need from it.
We encourage you to explore our other resources for Capex forecasting
(and beyond) on the OnPlan blog. We’re adding working examples, like how
to use this model to think about strategic asset acquisitions, optimizing your
depreciation schedule to reduce your tax burden, how-to videos, and much
more.
While this model can help you with Capex forecasting, spreadsheets have
inherent limitations for financial planning pros like you.
All organizations rely on assets that allow them to operate. But all of these
assets need to be tracked and depreciated over time according to
complicated depreciation schedules.
To add an additional layer of complexity, depending on the asset involved
(and the rules and regulations that apply to it,) you will need to use a
specific depreciation schedule or method.
Because of these complexities, trying to manage Capex in spreadsheets
alone will hold you back. When your company is considering spending a
large amount of money to purchase an asset that will change the strategic
direction of the organization, you’ll need a tool that provides you with real
time answers to a multi-variable question.
Learn how OnPlan gives your model superpowers.
Book a demo