Deprecation Calculator

Depreciation is a vital concept in accounting that helps businesses allocate the cost of tangible assets over their useful lives. Different methods of depreciation allow companies to match expenses more accurately with how an asset is used or how it loses value over time.

Straight-Line Depreciation
Straight-line depreciation is the simplest and most commonly used method. It spreads the cost of an asset evenly over its useful life.
Declining Balance Depreciation
Declining balance is an accelerated depreciation method, meaning higher expenses are recorded in the early years of an asset’s life. The most common version is Double Declining Balance (DDB).
Units of Production Depreciation
Units of production ties depreciation to the usage of the asset, making it ideal for machinery or equipment where wear depends on actual output.

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