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Depreciation Schedule Calculator

Math

Build a year-by-year depreciation schedule for a fixed asset using straight-line, double-declining-balance, or sum-of-years-digits

Enter an asset's cost, salvage value, and useful life to get a full year-by-year depreciation schedule using whichever method your books call for. Straight-line spreads the expense evenly across every year, while double-declining-balance and sum-of-years-digits front-load larger deductions in the early years and taper off, which is closer to how many assets actually lose value. The double-declining-balance method clamps at the salvage value rather than automatically switching over to straight-line partway through, a simplification worth knowing about if you are cross-checking against a textbook or accounting software. Everything is computed from the standard formulas with no jurisdiction-specific tax rules and no data sent anywhere.

financedepreciationstraight-linedeclining-balancesum-of-years-digitsasset

How to use Depreciation Schedule Calculator

  • 1.Enter the asset's cost, salvage value, and useful life in years.
  • 2.Pick a depreciation method: straight-line, double-declining-balance, or sum-of-years-digits.
  • 3.Read the year-by-year schedule showing each year's expense, accumulated depreciation, and remaining book value.

Frequently asked questions

Which method should I use?
That depends on your accounting policy or tax jurisdiction; this tool computes the standard math for all three so you can compare them, but it does not recommend one over another.
Does double-declining-balance switch to straight-line once it would produce a smaller expense?
No. This tool clamps the expense at the salvage value once book value would drop below it, which is a common simplification, but some accounting treatments switch methods partway through instead; check which convention your books use.
Why does the last year's expense sometimes look slightly different from the formula?
Rounding each year's expense to the cent can leave a small residual, so the final year's expense is adjusted to bring accumulated depreciation to exactly cost minus salvage value.
Does this handle tax depreciation rules like MACRS?
No. It computes the three standard book-depreciation methods only, with no jurisdiction-specific tax tables or conventions.

Use via API, SDK, or MCP

cURL# Free: 1,000 req/day · Pro: 10,000 req/day
curl -X POST https://api.utilix.tech/v1/tools/depreciation-schedule-calculator \
  -H "Authorization: Bearer utx_live_..." \
  -H "Content-Type: application/json" \
  -d '{"cost":10000,"salvageValue":1000,"usefulLifeYears":5,"method":"straight-line"}'

Get an API key from your dashboard · Full API docs →

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