Fixed assets
| Asset | Cost | Salvage value | Life, years | Result | Remove row |
|---|---|---|---|---|---|
| — | |||||
| — | |||||
| — |
Result
Total annual depreciation
—
Your inputs are stored in this browser, so everything is still here next time. Nothing is sent to a server.
This calculation is for informational purposes only and does not replace advice from a qualified professional. Formulas and rates may not fit your exact situation — double-check the figures before making decisions.
How it is calculated
Depreciation per asset per year = (asset cost − its salvage value) ÷ useful life — computed separately for each row using the straight-line method. Total depreciation is the sum of annual depreciation across every asset in the list.
Unlike calculating one asset at a time, this table matters when you need the combined depreciation expense across the company's whole fixed-asset base for the year — for example, to plan income statement costs or for tax accounting.
The calculation uses the straight-line method uniformly for every asset — if some fixed assets use the declining balance method instead, compute those separately with the accelerated depreciation calculator and add them to this table's total by hand.