What is the Depreciation Calculator?

The Depreciation Calculator is a simple and efficient tool that helps users determine how much value an asset loses over time. By entering the asset’s cost, salvage value, useful life, and selecting the depreciation method, the tool automatically calculates yearly depreciation and provides a complete depreciation table. This helps business owners, accountants, and students understand the asset’s decreasing value, book value, and financial impact without doing manual formulas. It ensures accurate results, saves time, and offers clear and easy-to-read depreciation details.

How to Use:

1. Enter Asset Cost (PKR): Type the original purchase price of the asset.
2. Enter Salvage Value (PKR): Provide the estimated value of the asset at the end of its useful life.
3. Enter Useful Life (years): Add the number of years the asset will be used.
4. Select Depreciation Method: Choose either Straight Line or Declining Balance method.
5. Enter Depreciation Rate (%): Only required if you select the Declining Balance method.
6. Click “Calculate”: The tool computes yearly depreciation and book value.
7. Review Result: A detailed depreciation table along with method details will appear, showing depreciation per year and end-of-year book values.