Depreciation Calculator
Calculate asset depreciation schedules using multiple methods
Asset Details
Summary
Depreciation Schedule
| Year | Depreciation Expense | Accumulated Depreciation | Book Value |
|---|---|---|---|
| 0 | — | — | $50,000.00 |
| 1 | $9,000.00 | $9,000.00 | $41,000.00 |
| 2 | $9,000.00 | $18,000.00 | $32,000.00 |
| 3 | $9,000.00 | $27,000.00 | $23,000.00 |
| 4 | $9,000.00 | $36,000.00 | $14,000.00 |
| 5 | $9,000.00 | $45,000.00 | $5,000.00 |
Depreciation Calculator
Calculate asset depreciation schedules using multiple methods
Features
- Calculate depreciation using four methods: Straight-Line, Declining Balance, Double Declining Balance, and Sum-of-Years-Digits
- View a complete year-by-year depreciation schedule with expense, accumulated depreciation, and book value
- Export the depreciation table as CSV for use in spreadsheets
- 100% private — all calculations happen in your browser, no data sent to any server
- Works on all modern browsers including mobile devices
How to use
- Enter the original cost of the asset.
- Enter the estimated salvage (residual) value at end of useful life.
- Enter the useful life of the asset in years.
- Select a depreciation method to see the schedule update instantly.
- Review the summary cards and year-by-year schedule. Copy as CSV if needed.
Tips & Best Practices
- Straight-line is the simplest method and most commonly used for financial reporting.
- Accelerated methods like double declining balance are useful for tax purposes where higher early deductions are beneficial.
- Sum-of-years-digits provides accelerated depreciation but is smoother than declining balance.
- The salvage value represents what the asset is expected to be worth at the end of its useful life.
- Use the CSV export to paste schedules directly into spreadsheets for further analysis.
FAQ
What is straight-line depreciation?
Straight-line depreciation allocates an equal amount of depreciation expense each year over the asset's useful life. It is calculated as (Cost - Salvage Value) / Useful Life.
How does declining balance depreciation work?
Declining balance applies a fixed depreciation rate to the remaining book value each year, resulting in higher depreciation in earlier years and lower amounts later.
What is double declining balance?
Double declining balance uses twice the straight-line rate applied to the remaining book value, accelerating depreciation even faster than single declining balance.
How is sum-of-years-digits calculated?
Sum-of-years-digits multiplies the depreciable base by a fraction where the numerator is the remaining useful life and the denominator is the sum of all years (e.g., for 5 years: 5+4+3+2+1 = 15).
Is my data private?
Yes, all calculations happen entirely in your browser. No data is ever sent to any server or third party.
Can I export the depreciation schedule?
Yes, click the 'Copy as CSV' button to copy the full schedule to your clipboard for pasting into Excel, Google Sheets, or any other spreadsheet application.