Detailed Depreciation Calculation, Formulas

 Depreciation Calculator

This online accounting calculator is used to find how much value of the asset can be deducted as an expense through the income statement.

Step by step calculation
Step by step calculation
Step by step calculation

Straight Line Method Formula

Depreciation Expense = (Asset Cost - Residual Value) / Useful Life of the Asset

Unit of Production Method Formula

Depreciation Expense = Depreciation cost Per unit * Units Produced

(or)

Depreciation Expense = (Asset Cost - Residual Value) / Useful Life in Units of Production * Units Produced

Double Declining Balance Method Formula

Depreciation Cost Formula = 2 * Rate of depreciation * Book value of an asset

(or)

Depreciation Costs Formula = 2 * (Asset cost - Accumulated depreciation)/ Useful Life of the Asset