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 ...

Types of depreciation Here are four common methods of calculating annual depreciation expenses, along with when it's best to use them.

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

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 ...

GAAP Declining Balance Method. Companies that comply with generally accounting principles, called GAAP, may opt to use the declining balance method to calculate depreciation on a particular asset ...

This resource guide explains what hardware depreciation is, how it works, and how to apply it in your small or medium-size business.