- Depreciation is a non cash expense. It reduces the market value of different types of assets. building,furniture,fan,car,scooter,television etc lose their value due to wear n tear n use.. It means in what price we have purchasedthese assets the market value decreases with time. The market value decreases due to wear n tear,age or obsolescence.
Depreciation calculator
But to calculate depreciation is very hard and very complex sometimes as we dont know what should be and how to calculate the depreciation.
Now a excel based depreciation calculator is available here in which you dont need to calculate the depreciation manually. While using it , there is cloumn of Disposal , in a first column , we have to enter amount of disposal of assets which were sold out of the assets purchased/balanced as on 30 sep.
To Download the DEPRECIATION CALCULATE GO TO:-
