Asset Depreciation Schedule
Compare Straight-Line, DDB, and SYD depreciation methods with annual schedules. Enter values for instant results with step-by-step formulas.
Worked Examples
Example 1: Server Hardware
Problem:$10k Cost, $1k Salvage, 3 Years (Straight Line)
Solution:($10k - $1k) / 3 = $3,000 / year
Result:$3,000 Annual Expense
Example 2: Vehicle
Problem:$30k Cost, $5k Salvage, 5 Years (DDB)
Solution:Year 1: $30k * (2/5) = $12,000
Result:$12,000 Year 1 Expense
Frequently Asked Questions
What is Depreciation?
It is an accounting method of allocating the cost of a tangible asset over its useful life. It reflects the wear and tear, decay, or obsolescence of the asset.
Does this calculate tax depreciation?
No. Tax laws (like IRS MACRS in the US) have very specific tables and rules. Asset Depreciation Schedule computes 'Book Depreciation' for financial reporting/GAAP.
How does real estate depreciation work for taxes?
Residential rental property is depreciated over 27.5 years. A $275,000 building (excluding land) provides $10,000 annual depreciation deduction. This paper loss offsets rental income, reducing your tax bill without actual cash outflow.