What is Depreciation Calculator?

Depreciation Calculator computes how an asset loses value over time using straight-line, declining balance, or sum-of-years methods. Essential for accounting, tax planning, and business asset management.

How to use

  1. Enter the asset cost, salvage value, and useful life in years.
  2. Choose a depreciation method: straight-line, double declining balance, or sum-of-years digits.
  3. View the year-by-year depreciation schedule and download it as CSV for your records.

Result

A $50,000 delivery truck with $5,000 salvage value over 7 years shows $6,428.57/year straight-line depreciation.

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