📉 Depreciation Calculator – Manage Assets and Financials
The Depreciation Calculator helps you determine how much an asset loses in value over time due to usage, wear and tear, or obsolescence. It’s perfect for business owners, accountants, and investors who want to calculate depreciation for financial reporting, tax purposes, or budgeting.
📘 What It Calculates:
Depreciation expense for a specific period
Accumulated depreciation
Current book value of the asset
Comparison between different depreciation methods
💡 Features:
Supports Straight-Line, Declining Balance, and Sum-of-the-Years’-Digits methods
Easy input for asset cost, salvage value, and useful life
Helps plan for asset replacement and budgeting
Useful for tax reporting and accounting purposes
👤 Who Should Use This:
Business owners managing fixed assets
Accountants preparing financial statements
Investors analyzing asset value
Financial planners tracking costs and depreciation
🔗 Related Tools You May Find Helpful:
💵 Loan Calculator – Calculate payments for asset financing
📊 Investment Calculator – See how depreciation affects ROI
💰 Savings Calculator – Plan for future asset replacement costs