Every department, regardless of size, needs to employ and account for depreciation — particularly if that department manages assets such as laptops, servers and production machinery. How else are you going to know when it’s time to purchase new equipment?

With the help of this worksheet from TechRepublic Premium, you’ll be able to calculate standard depreciation using the method that best fits your needs.

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When it comes to choosing a depreciation method, timing is everything. The accompanying spreadsheet will calculate standard depreciation using various methods, each with its own benefits and drawbacks. The calculation methods used include:

200% Declining Balance — Twice the straight line method on the remaining asset value, switching to straight line during the year that method becomes more beneficial.

150% Declining Balance — One and a half times the straight line method on the remaining asset value, switching to straight line during the year that method becomes more beneficial.

Enhance your computer hardware depreciation knowledge with our spreadsheet and document. Previously priced at $49, this is now available for download at just $9. Alternatively, enjoy complimentary access with a Premium annual subscription. Click here to find out more.

TIME SAVED: Crafting this content required 14 hours of dedicated writing, editing and research. Benefit from our expertise and elevate your handling and understanding of computer hardware depreciation.