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  Depreciation Calculator Help  

Cost Base  
Scrap Value  
Life in Years  
Depreciation Formula  
SL = Straight Line
SUM = Sum-of-Years Digits
200 = 200% Declining Balance
175 = 175% Declining Balance
150 = 150% Declining Balance
125 = 125% Declining Balance


The iPgmr.com Integrated Accounting System (IAS) has a Fixed Asset (FA) sub-system that provides the means to account for depreciable and non-depreciable assets. It tracks ledger depreciation, tax depreciation, carry-over values for trade-ins and dispsal costs. The system includes the same formulas as this calculator as well as 90+ tax depreciation schedules. There is also an interface to the Accounts Payable (AP) sub-system to track the costs associated with asset acquisitions.

For the purpose of this calculator, capitalization date is assumed to be as of the first of the month. The IAS Fixed Asset sub-system assigns capitalization date as directed by a system control value. Options include first day of the month, last day of the month, or the current calendar date. Using a system control value ensures a consistant application across the asset ledger.