Download WSO's free Inventory Reserve Schedule template below! This template allows you to create a reserve plan for your company's inventory assets.. The template is plug-and-play, and you can enter your own numbers or formulas to auto-populate output numbers. The template also includes other tabs for other elements of a financial model.
According to the WSO Dictionary,
"An inventory reserve is a contra asset account on a company's balance sheet made in anticipation of inventory that will not be able to be sold. Every year a company has inventory that will not be able to be sold for various reasons. It may spoil, fall out of fashion or become technologically obsolete."
A screenshot below shows a sneak peak of the template.