Reviewed by Charlene Rhinehart Fact checked by Vikki Velasquez Businesses depreciate long-term assets for both tax and accounting purposes. For tax purposes, businesses can deduct the cost of the ...

Learn how to calculate asset depreciation and amortization using the straight-line basis method. Discover its advantages, ...

How to Calculate Depreciation Using Excel. Two common ways of calculating depreciation are the straight-line and double declining balance methods. Excel can accomplish both using the SLN function ...

Variable-declining balance uses the double-declining factor but also initiates the automatic switch to straight-line depreciation once that is greater than double-declining.

The method selected to calculate depreciation expense depends on its intended use. The methods chosen for financial reports are selected to enhance the company's performance.

Depreciation helps companies account for the declining worth of their assets. Learn about the different types of depreciation and how to calculate it.

Double declining balance depreciation is an accelerated depreciation method. Businesses use accelerated methods when dealing with assets that are more productive in their early years.

Depreciation is a concept and a method that recognizes that some business assets become less valuable over time and provides a way to calculate and record the effects of this. Depreciation impacts ...

The unit of production method is a way of calculating depreciation when the life of an asset is best measured by how much the asset has produced.