Depreciation Calculator

The Depreciation Calculator helps you estimate how the value of a fixed asset decreases over its useful life using common depreciation methods. You can calculate depreciation using the Straight-Line, Declining Balance, or Sum-of-the-Years’-Digits method, and instantly view the annual depreciation amount, accumulated depreciation, and ending book value in SAR. The calculator also provides a year-by-year depreciation schedule to make it easier to understand how the asset’s value changes over time.

How to Use the Depreciation Calculator

  1. Choose the depreciation method you want to use: Straight-Line, Declining Balance, or Sum-of-the-Years’-Digits.
  2. Enter the asset cost, which is the original purchase or acquisition cost of the asset.
  3. Enter the salvage value, which is the estimated value of the asset at the end of its useful life.
  4. Enter the useful life of the asset in years.
    1. If you select the Declining Balance method, enter the depreciation rate as a percentage.
  5. Click “Calculate Depreciation” to generate the results.
  6. Review the calculated depreciation rate, accumulated depreciation, ending book value, chart, and the complete year-by-year depreciation schedule.
  7. Click “Start Over” if you want to enter new values or calculate depreciation using a different method.

Calculating depreciation is easy with Daftra.

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