Depreciation Calculator

Our Depreciation Calculator is a comprehensive and user-friendly tool designed to help you calculate asset depreciation using various methods. Whether you're preparing financial statements, planning for taxes, managing business assets, or studying accounting concepts, our calculator provides accurate and detailed results.

Key Features:

• Calculate depreciation using multiple methods: Straight-Line, Declining Balance, and Sum-of-Years-Digits
• Determine annual depreciation expense for any specific year
• Track accumulated depreciation and remaining book value
• User-friendly interface with simple input fields
• Comprehensive output with detailed depreciation figures

Depreciation Methods Explained:

• Straight-Line: Spreads the cost evenly over the asset's useful life
• Declining Balance: Applies a higher depreciation rate in the early years, decreasing over time
• Sum-of-Years-Digits: Allocates more depreciation in the earlier years, but less aggressively than declining balance

How to Use:

1. Enter the asset cost (original purchase price)
2. Enter the salvage value (estimated value at the end of useful life)
3. Enter the useful life in years
4. Select a depreciation method
5. For Declining Balance method, specify the rate percentage (default is 200% for double-declining)
6. Enter the specific year you want to calculate
7. Click "Calculate Depreciation" to get your results

Perfect for accountants, financial planners, business owners, students, or anyone working with fixed assets. Simply input your asset parameters and get detailed depreciation calculations in seconds.