Depreciation Calculator
Property depreciation
Depreciation Calculator
Building Value: $400,000
How Depreciation Calculation Works
The Depreciation Calculator computes asset depreciation using multiple standard methods including straight-line, declining balance, and sum-of-years-digits. Enter the asset cost, useful life, and salvage value to generate annual depreciation schedules for accounting and tax purposes.
Formula
Straight-Line Depreciation = (Cost - Salvage Value) / Useful Life (years)
Key Features
- ✓Straight-line, declining balance, and sum-of-years methods
- ✓Complete depreciation schedule for the asset's life
- ✓Book value tracking year over year
- ✓Adjustable salvage value and useful life
Pro Tip
For tax purposes, check your country's approved depreciation methods and asset class lives. The straight-line method is simplest, but accelerated methods like declining balance can provide larger tax deductions in early years.
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