📉 Depreciation Calculator
Calculate asset depreciation schedules
Step-by-Step
Depreciable Amount = $10,000.00 - $1,000.00 = $9,000.00
Annual Depreciation = $9,000.00 / 5 = $1,800.00
| Year | Begin Value | Depreciation | End Value | Accumulated |
|---|---|---|---|---|
| 1 | $10,000.00 | $1,800.00 | $8,200.00 | $1,800.00 |
| 2 | $8,200.00 | $1,800.00 | $6,400.00 | $3,600.00 |
| 3 | $6,400.00 | $1,800.00 | $4,600.00 | $5,400.00 |
| 4 | $4,600.00 | $1,800.00 | $2,800.00 | $7,200.00 |
| 5 | $2,800.00 | $1,800.00 | $1,000.00 | $9,000.00 |
How to Use Depreciation Calculator
- 1Enter the asset cost, salvage value, and useful life.
- 2Select the depreciation method.
- 3View the annual depreciation schedule with book value for each year.
About Depreciation Calculator
Calculate asset depreciation using straight-line, declining balance, and sum-of-years-digits methods. This depreciation calculator generates year-by-year schedules for accounting and tax planning.
Frequently Asked Questions
Which method should I use?
Straight-line is simplest and spreads cost evenly. Declining balance front-loads depreciation, which is common for tax purposes.
What is salvage value?
Salvage value is the estimated resale or scrap value of the asset at the end of its useful life.