Depreciation Calculator: Quick and Clear

Welcome to Your Depreciation Calculator

Use this depreciation calculator to compute yearly depreciation for fixed assets.

Pick Straight Line or Double Declining Balance as your method.

You get a full depreciation schedule.

You can copy the table to your clipboard.

You can export a comma separated values file.

The chart shows asset value by year.

How It Works

The tool asks for four inputs.

• Asset Cost in dollars. Enter the total purchase price including taxes and fees.
• Salvage Value in dollars. Enter the expected value at the end of life.
• Useful Life in years. Enter whole years greater than zero.
• Depreciation Method. Choose Straight Line or Double Declining Balance.

Fill all fields before you calculate.

Useful life must be greater than zero.

Salvage value must be less than or equal to asset cost.

Click Calculate Depreciation to build your schedule.

The table lists four columns.

Year shows the year number.

Beginning Value shows the starting book value.

Depreciation shows the expense for the year.

Ending Value shows the book value after the expense.

Use Copy Table to Clipboard to copy the data.

Use Export as CSV to download a comma separated values file.

The chart shows asset value over time for each year.

Straight Line splits the depreciable amount evenly across the years.

The depreciable amount equals asset cost minus salvage value.

Double Declining Balance uses twice the straight line rate on the book value.

The tool switches to straight line if that avoids dropping under the salvage value.

Benefits of Our Depreciation Calculator

This depreciation calculator saves time and gives clear numbers.

• Build a clean depreciation schedule in seconds.
• Compare methods and pick the one you need.
• Share results fast using copy or export.
• Explain depreciation to a client or a class.
• Document asset values for planning and review.

Accountants, students, and managers gain clarity.

Step-by-Step Instructions

1. Type the asset cost in dollars.
2. Enter the salvage value in dollars.
3. Enter the useful life in years.
4. Select Straight Line or Double Declining Balance.
5. Click Calculate Depreciation.
6. Review the schedule table.
7. Check the chart for the trend by year.
8. Copy the table if you want to paste it.
9. Export a comma separated values file if you need a download.

Here is how to read the output.

• Year starts at one and increases by one each row.
• Beginning Value is the book value at the start of the year.
• Depreciation is the expense recorded for that year.
• Ending Value is the book value after the expense.
• The last row shows total depreciation and the final book value.

Why Give It a Try?

Use this depreciation calculator for real work and quick checks.

• Budget planning for equipment, software, or vehicles.
• Fixed asset schedules for audits and reviews.
• Learning Straight Line and Double Declining Balance with live examples.
• Project approvals that need a clear cost spread.
• Internal reports that track asset value by year.

Keep these notes in mind.

• All periods are full years.
• Values show in dollars with two decimals.
• The schedule ends at the salvage value or the final year.
• The copy feature places a plain text table in your clipboard.
• The export creates a comma separated values file ready for spreadsheet software.

Use the depreciation calculator anytime you need a fast, accurate schedule.