How To Calculate Depreciation In Excel Format. It uses a fixed rate to calculate the depreciation values. The formula is =((cost − salvage) / useful life.
If an asset with a useful life of five years and a salvage value of $1,000 costs you $10,000, the total depreciation in the first year is $1,800. The purpose of depreciation calculator excel template is to provide a read to use template for calculating the straight line and diminishing balance depreciable for the fixed/ tangible asset. Formula =sln(cost, salvage, life) the sln function uses
