DEPRECIATION CALCULATOR
The Depreciation Calculator is designed to help users estimate the reduction in value of an asset over time using multiple accounting methods. It supports Straight-Line, Double-Declining Balance, and Units of Production depreciation approaches.
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The Straight-Line method spreads the asset’s cost evenly over its useful life.
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The Double-Declining Balance method accelerates depreciation, expensing more in the early years.
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The Units of Production method bases depreciation on actual usage or output, providing a performance-driven view of asset value.
This calculator allows businesses and individuals to compare methods, plan asset replacement, and ensure accurate financial reporting.