How do I find the useful life of an asset?

You can use the `get_asset_metadata` tool by providing the specific asset type to retrieve its standard useful life and annual rate. Tools available: `your_tool_name`.

Can I calculate double declining balance depreciation?

Yes, you can use the `calculate_declining_balance_schedule` tool and set the multiplier parameter to 2.

What depreciation methods are supported?

The server supports the straight-line, sum-of-the-years' digits, and declining balance methods.

Depreciation Calculator MCP Connector for Claude

Calculate asset depreciation using straight-line, sum-of-the-years' digits, and declining balance methods.

0 tools Official Updated Oct 1, 2026 Official Vinkius Partner

More Details Connect to Claude

This MCP server provides specialized tools to calculate asset depreciation. Use get_asset_metadata to retrieve the standard useful life and annual depreciation rates for various asset categories like Machinery, Vehicles, or IT Hardware. You can then generate detailed yearly schedules using calculate_straight_line_schedule, calculate_sum_of_digits_schedule, or calculate_declining_balance_schedule. These tools help quantify how an asset's book value decreases over time based on its initial cost, residual value, and useful life.