AccountingToolsLab

Depreciation Calculator

Calculate straight-line depreciation from asset cost, salvage value, and useful life.

Result

Annual Depreciation Expense

RM 0.00

Depreciable Amount

RM 0.00

Useful Life: 0 years

Status: Enter a useful life greater than 0

Annual Depreciation Expense = (Cost - Salvage Value) / Useful Life

Calculate depreciation in a few steps

  1. Enter the asset cost assigned to the fixed asset.
  2. Add the expected salvage value at the end of its useful life.
  3. Enter the useful life in years to calculate annual depreciation expense.
  4. Review the straight-line depreciation result and summary instantly.

Why use this depreciation calculator?

  • Plan fixed asset costs over time with a simple straight-line depreciation estimate.
  • Check accounting homework that uses asset cost, salvage value, and useful life.
  • Review bookkeeping entries tied to depreciation expense.
  • Estimate annual depreciation expense for budgeting or internal review.
  • Support simple financial reporting for assets that use straight-line depreciation.

When to use this depreciation calculator

  • Plan fixed asset costs over time with a simple straight-line depreciation estimate.
  • Check accounting homework that uses asset cost, salvage value, and useful life.
  • Review bookkeeping entries tied to depreciation expense.
  • Estimate annual depreciation expense for budgeting or internal review.
  • Support simple financial reporting for assets that use straight-line depreciation.

Related Tools

Related Guide Article

Depreciation guide

Straight-Line Depreciation Explained

Learn straight-line depreciation with the formula, examples, salvage value, useful life, annual depreciation expense, and common beginner mistakes.

Depreciation Calculator FAQs

What is depreciation?

Depreciation is the process of spreading an asset's cost over the years it is expected to be used.

What is straight-line depreciation?

Straight-line depreciation records the same depreciation expense each year over an asset's useful life.

How do you calculate annual depreciation?

Subtract salvage value from asset cost, then divide the result by the useful life in years.

What is salvage value?

Salvage value is the estimated value of the asset at the end of its useful life.

What is useful life?

Useful life is the number of years an asset is expected to provide value to the business.

Can this calculator help with accounting homework?

Yes. It can help check simple straight-line depreciation calculations, but you should still show your working.