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Cost of Goods Sold Calculator

Calculates Cost of Goods Sold (COGS) using beginning inventory, purchases, direct labor, overhead, and ending inventory. Essential for income statements, gross profit analysis, and tax filings.

Beginning Inventory ($)

Purchases During Period ($)

Direct Labor Costs ($)

Manufacturing Overhead ($)

Ending Inventory ($)

Fill in the required fields to see your result.

Accounting

Asset Depreciation Calculator

Compute annual depreciation expense for any asset using straight-line, declining balance, or sum-of-years-digits methods. Essential for accountants, small business owners, and financial planners preparing tax or GAAP financial statements.

Initial Cost of Asset ($)

Salvage Value ($)

Useful Life (years)

Depreciation Method

Year to Calculate (year)

Fill in the required fields to see your result.

Key differences

	Cost of Goods Sold Calculator	Asset Depreciation Calculator
Category	Accounting	Accounting
Inputs required	5	5
Result	Cost of Goods Sold ($)	Annual Depreciation Expense ($)
What it does	Calculates Cost of Goods Sold (COGS) using beginning inventory, purchases, direct labor, overhead, and ending inventory. Essential for income statements, gross profit analysis, and tax filings.	Compute annual depreciation expense for any asset using straight-line, declining balance, or sum-of-years-digits methods. Essential for accountants, small business owners, and financial planners preparing tax or GAAP financial statements.