Depreciation allocates the cost of a tangible asset over its useful life for accounting and tax purposes. Accountdesq's Depreciation Schedule Generator goes beyond a single year-end number: choose Straight-Line (equal periods) or Reducing Balance (double declining, or a custom annual rate) depreciation, monthly or yearly schedule frequency, and first-period proration for assets purchased mid-period. Once you've generated a schedule, save the asset into a running Fixed Asset Register - add as many assets as you're tracking, each with its own method and useful life, and see combined totals for original cost, accumulated depreciation, and net book value, plus a chart comparing cost to current book value across every asset.
Read the full guideEnter the asset cost, salvage value, useful life, purchase and depreciation start dates, and choose your method, frequency, and rounding precision. The tool generates the full period-by-period schedule, a book value trend chart, and key insights. Click 'Save to Register' to add the asset to your running Fixed Asset Register, then repeat for every asset you're tracking - the register shows combined totals and a cost-vs-book-value comparison chart across all saved assets, plus its own PDF/Excel export.
Asset cost must be greater than zero.
Salvage value cannot be greater than or equal to asset cost.
The estimated residual value of the asset at the end of its useful life.
When enabled, the first period's depreciation is adjusted based on the depreciation start date, instead of charging a full period from day one.
Enter your asset details above to generate a depreciation schedule. Choose a depreciation method, set the useful life, and the tool will calculate depreciation period by period - or click Load Sample Asset to see it in action.
Depreciation affects both your P&L (as an expense) and your Balance Sheet (as accumulated depreciation) - getting it right, asset by asset, is essential for accurate financial statements and tax returns. Most free depreciation calculators only handle one asset at a time with no way to see the combined picture; tracking a full asset register here means you always know the total net book value of everything the business owns.
Straight-line depreciation spreads the depreciable amount (cost minus salvage value) evenly over the asset's useful life, so the same amount is charged every period.
Disclaimer: Accountdesq provides this Depreciation Schedule Generator for informational and convenience purposes only. Output is not a substitute for professional accounting, legal, or tax advice. No data entered is transmitted to or stored on our servers - all calculations happen locally in your browser. Accountdesq accepts no liability for errors in generated documents. Always consult a qualified accountant or tax professional for compliance matters.
