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Depreciation Calculator

Build straight-line, declining-balance, or sum-of-the-years'-digits accounting depreciation schedules, including partial years.

ExampleSample values — edit any field to see your result.

$
$

Used by declining balance; enter 2 for double-declining balance.

Round to Dollars?

First-Year Depreciation

$2,000.00

Estimated result

Method
Straight Line
Total Depreciation
$10,000.00
Ending Book Value
$1,000.00

Depreciation Schedule

YearBeginning Book ValueDepreciation PercentDepreciation AmountAccumulated DepreciationEnding Book Value
1.$11,000.0020.00%$2,000.00$2,000.00$9,000.00
2.$9,000.0020.00%$2,000.00$4,000.00$7,000.00
3.$7,000.0020.00%$2,000.00$6,000.00$5,000.00
4.$5,000.0020.00%$2,000.00$8,000.00$3,000.00
5.$3,000.0020.00%$2,000.00$10,000.00$1,000.00
First-Year Depreciation$2,000.00
Create an accounting depreciation schedule using straight-line or accelerated depreciation, optionally applying a partial-year convention.

Formula

Straight-line depreciation is (cost − salvage) ÷ useful life. Declining balance multiplies opening book value by factor ÷ useful life. Sum-of-years' digits weights the depreciable basis by the remaining life over n(n + 1) ÷ 2.

Examples

Straight-line asset

An $11,000 asset with $1,000 salvage value and a five-year life depreciates by $2,000 per year, ending at $1,000.

Frequently asked questions

Which depreciation methods are supported?
Straight line, declining balance including double declining, and sum-of-the-years'-digits are supported.
What is salvage value?
Salvage value is the estimated value remaining after the useful life, and depreciation does not reduce book value below it.
Can the first year be partial?
Yes. Choose daily, half-month, full-month, half-quarter, full-quarter, or half-year convention.

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