Toolstia / depreciation calculator
Depreciation calculator
Spread the cost of an asset over its useful life. Choose a method and see the depreciation, accumulated depreciation and book value for every year.
For accounting practice. Tax rules for depreciation differ by country, so check the method your tax authority allows. The declining-balance schedule never goes below the salvage value, and the last year takes whatever is left.
How it works
- Enter the cost, salvage value and life.
- Choose a method.
- Read the yearly schedule.
Straight-line
The same amount each year: cost minus salvage, divided by the useful life.
Declining balance
A fixed percentage of the remaining book value each year, so early years take more. The factor 2 gives double declining balance.
Sum-of-the-years digits
Early years take a larger share, using a falling fraction based on the remaining life.
Salvage value
This is what you expect the asset to be worth at the end. Book value never goes below it.
Questions
Which method is best?
It depends on the asset and on what your accountant and tax rules allow.
Is this tax advice?
No. Tax depreciation rules differ by country and asset type.
Is my data stored?
Everything is worked out in your browser, and nothing you type is sent anywhere.