Tel: 01299 660 237

Accountants. Advisors. Partners.
Call us now on: 01299 660 237

Depreciation Calculator

Depreciation is systematic allocation the cost of a fixed asset over its useful life. It is a way of matching the cost of a fixed asset with the revenue (or other economic benefits) it generates over its useful life. Without depreciation accounting, the entire cost of a fixed asset will be recognised in the year of purchase. This will give a misleading view of the profitability of the entity.

if ((empty($_POST[‘originalcost’])) && (empty ($_POST[‘depreciationrate’]))) {
echo “Please fill in fields Original Cost of Goods and Annual Depreciation Rate to work out depreciation cost of your goods/item.”;
if ((!empty($_POST[‘originalcost’])) && (!empty ($_POST[‘depreciationrate’]))) {
$originalcost = htmlentities($_POST[‘originalcost’]);
$depreciationrate = htmlentities($_POST[‘depreciationrate’])/100;
$year1 = $originalcost – ($originalcost * $depreciationrate);
$year2 = $year1 – ($year1 * $depreciationrate);
$year3 = $year2 – ($year2 * $depreciationrate);
$year4 = $year3 – ($year3 * $depreciationrate);
$year5 = $year4 – ($year4 * $depreciationrate);


Original cost of Goods:

Annual Depreciation Rate %:

Year 1 Depreciated Value:

Year 2 Depreciated Value:

Year 3 Depreciated Value:

Year 4 Depreciated Value:

Year 5 Depreciated Value:

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