In accountancy, depreciation refers to two aspects of the same concept: the decrease in value of assets (fair value depreciation), and the allocation of the cost of assets to periods in which the assets are used. Use our depreciation calculators to work out how are the book values of your assets.
Book Value Calculator
Book value is value of your asset in terms of accounting and on company’s balance sheet. Use our book value calculator to work out your assets book value.
Declining Balance Depreciation Calculator
Declining balance method of depreciation is a technique of accelerated depreciation in which the amount of depreciation that is charged to an asset declines over time.
Straight Line Depreciation Calculator
Straight-line depreciation is the simplest and most often used method. In this method, the company estimates the salvage value(scrap value) of the asset at the end of the period during which it will be used to generate revenues (useful life).