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Online Index: Depreciation Calculators

Overview of depreciation calculator types: straight-line, declining balance, units of production, sum-of-years-digits, and more.

Depreciation calculator types

  • Straight-line depreciation: cost, salvage, useful life → equal annual amount.
  • Declining balance: cost, salvage, life, rate → depreciation as a percentage of remaining book value.
  • Double declining balance (DDB): 200% of straight-line rate applied to book value.
  • Units of production (activity): cost, salvage, total units, units used → expense proportional to use.
  • Sum-of-years-digits (SYD): front-loaded schedule that fully depreciates to salvage over life.
  • Real estate / property: straight-line over recovery period (e.g. 27.5 or 39 years).

Frequently Asked Questions

What depreciation methods are there?
Common methods include straight-line, declining balance (including double declining), units of production (activity), and sum-of-years-digits.
Which method should I use?
Depends on the asset and jurisdiction. Straight-line is simplest; declining balance front-loads expense; units of production ties expense to use.
Is salvage value required?
Not for all methods. Straight-line and SYD typically use (cost - salvage); some declining balance methods may not assume salvage.

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