Depreciation Calculator
Calculate asset depreciation using various methods. Understand how the value of an asset decreases over its useful life.
Please enter valid numbers for Asset Cost, Salvage Value, and Useful Life. Asset Cost must be greater than or equal to Salvage Value, and Useful Life must be greater than zero.
Understanding Depreciation
Depreciation is an accounting method used to allocate the cost of a tangible asset over its useful life. Businesses depreciate assets for tax and accounting purposes. Different methods (Straight-Line, Declining Balance, Sum of Years' Digits) result in different depreciation schedules, impacting financial statements and tax liabilities. This calculator helps illustrate these differences.