Question 1

What is asset depreciation?

Accepted Answer

Depreciation is the systematic allocation of a fixed asset's cost over its useful life, reflecting wear, tear, or obsolescence.

Question 2

What depreciation methods are available?

Accepted Answer

The most common are straight-line (uniform distribution) and declining balance (higher depreciation in early years).

Question 3

What are Guatemala's depreciation rates?

Accepted Answer

Per ISR law: buildings 5%, machinery 20%, vehicles 20%, furniture 20%, computer equipment 33.33%, tools 25%.

Question 4

What is residual value?

Accepted Answer

It's the estimated value an asset will have at the end of its useful life, also called salvage or scrap value.

Calculadora de Depreciação de Ativos