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Depreciation Calculator

Straight-line, declining balance, double-declining and sum-of-years depreciation schedules.

Depreciation spreads an asset's cost over its useful life. Straight line charges the same amount each year; declining balance and sum of the years' digits front-load the charge to match assets that lose value fastest when new. All methods write off the same total — cost minus salvage value.

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Runs entirely in your browser — nothing is uploaded
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Frequently asked questions

Which method should I use?

That is usually decided by your tax authority and accounting standard, not by preference. Straight line is the default in most jurisdictions; accelerated methods may be permitted or required for particular asset classes. Check with an accountant before filing.

How to use the depreciation calculator

  1. 1Set the purchase cost.
  2. 2Set the salvage value.
  3. 3Set the useful life.
  4. 4Choose the method.
  5. 5Choose the currency symbol.
  6. 6The result appears immediately — copy or download it.

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