Depreciation Calculator

Calculate depreciation using different methods for assets.

Depreciation Calculator

Calculate depreciation using different methods: Straight Line, Declining Balance, and Units of Production.

Asset Information

Depreciation Method

Asset Cost ($)

Salvage Value ($)

Useful Life (Years)

Depreciation Schedule

Error

Please enter a valid asset cost.

ℹ️ How to Use

•Select a depreciation method (Straight Line, Declining Balance, or Units of Production)
•Enter the asset cost and salvage value (if any)
•For time-based methods, enter the useful life in years
•For Units of Production, enter total expected units and annual production
•Review the depreciation schedule showing annual depreciation, accumulation, and book value

Features

Multiple Depreciation Methods

Choose from Straight Line, Declining Balance, and Units of Production methods.

Detailed Depreciation Schedule

View year-by-year depreciation, accumulated depreciation, and book value.

Flexible Input Options

Support for different asset types with customizable parameters.

Accounting Ready

Generate depreciation schedules suitable for financial reporting.

About Depreciation Calculator

Calculate depreciation for fixed assets using multiple accepted methods. This calculator supports Straight Line depreciation, Declining Balance (Double Declining), and Units of Production methods, providing detailed depreciation schedules for accounting and tax purposes.

How to Use Depreciation Calculator

1
Select Method
Choose your preferred depreciation method from the dropdown.
2
Enter Asset Details
Input asset cost, salvage value, and useful life or production units.
3
Review Schedule
Examine the detailed depreciation schedule and summary metrics.
4
Export or Use
Use the calculated values for accounting, tax, or financial planning.

Frequently Asked Questions

Straight Line is simplest and most common. Double Declining is best for assets that lose value quickly (like tech).

The estimated resale value of the asset at the end of its useful life.

No, an asset generally cannot be worth less than zero or its salvage value.

No, land is considered to have an indefinite useful life and is not subject to depreciation in accounting.

Generally, consistency is required, but changes can be made if justified by a change in the asset's usage pattern (requires accounting notes).

Book Value is the original cost of the asset minus its accumulated depreciation to date.