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With Salvage

Timescale Units	Formula to Calculate Depreciation per Period
Monthly	(Acquisition Cost - Salvage Value) / (Depreciation Period * 12)
Quarterly	(Acquisition Cost - Salvage Value) / (Depreciation Period * 4)
Yearly	(Acquisition Cost - Salvage Value) / (Depreciation Period * 1)

Net Book Value = Starting Book Value - Current Period Depreciation

Starting Book Value = Net Book Value of Previous Period

Starting Book Value of First Period = Acquisition Cost

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Last Published Monday, August 28, 2023