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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

Calculate annual depreciation expense for any year of an asset's life using straight-line, double declining balance, or sum-of-years-digits methods. Essential for accountants, business owners, and tax planners tracking asset value over time.

Asset Cost ($)

Salvage Value ($)

Useful Life (years)

Depreciation Method

Calculate for 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.	Calculate annual depreciation expense for any year of an asset's life using straight-line, double declining balance, or sum-of-years-digits methods. Essential for accountants, business owners, and tax planners tracking asset value over time.