Depreciation Calculator
Calculate asset depreciation over time using the straight-line method to track book value reduction.
Financial Tip
"Straight-line depreciation is the simplest way to track how your assets lose value over their useful lifespan."
Ready to Calculate
Enter your asset cost, salvage value, and useful life to generate a complete depreciation schedule.
Depreciation Calculator
Calculate asset depreciation over time using the straight-line method to track book value reduction.
What is Depreciation?
Depreciation is an accounting method used to allocate the cost of a tangible asset over its useful life. It represents how much of an asset's value has been used up.
Asset Management
Properly tracking depreciation helps in tax planning and understanding the true value of your business equipment.
Straight-Line Formula
Annual Depreciation = (Asset Cost - Salvage Value) / Useful LifeThis method spreads the cost evenly across the asset's lifespan.
Depreciation Scenarios
Vehicle Depreciation
A $30,000 delivery van with a $5,000 salvage value over 5 years.
Office Equipment
A $2,000 computer system with zero salvage value over 3 years.