Depreciation Calculator

A Depreciation Calculator helps you determine how much value an asset loses over time using methods like Straight-Line, Declining Balance, or Sum-of-the-Years’ Digits.

This calculator typically supports:
a. Straight-Line Depreciation
b. Declining Balance Method
c. Sum-of-the-Years’

Straight-line depreciation is the simplest method where the asset loses an equal amount of value each year over its useful life.

Yes, you can use it to calculate depreciation for vehicles, equipment, electronics, buildings, and other tangible fixed assets.

Salvage value is the expected value of the asset at the end of its useful life. It reduces the total depreciable amount of the asset.

DDB is an accelerated depreciation method where the asset depreciates faster in the earlier years.

Depreciation is for tangible assets like machinery and buildings, while amortization is for intangible assets like patents or goodwill.

Depreciation spreads the cost of an asset over its useful life, providing a more accurate picture of net income and asset value.

If the salvage value is ₹0, the entire cost of the asset is depreciated over its useful life, increasing yearly depreciation expense.

Use:
a. Straight-Line for simplicity and equal expense
b. DB for faster write-offs
c. Sum-of-the-Years for a middle ground
Check with your accountant or use industry standards.

Yes, it’s especially helpful for small businesses to forecast asset depreciation, plan taxes, and manage accounting records.