Inventory
Depreciation & Value
How OneTake calculates the current value of your gear.
Every item has a current value that OneTake keeps up to date based on the depreciation method you choose. This value feeds your Dashboard portfolio total and your Insurance coverage figures.
Methods
None
The item holds its value. Current value always equals the purchase price. This is the default.
Straight-Line
The item loses value evenly over its useful life, down to a salvage value.
You set two extra fields:
- Useful Life (years) — how long the item depreciates over.
- Salvage Value — the value it never drops below.
The current value is calculated as:
currentValue = purchasePrice
- ((purchasePrice - salvageValue) / usefulLifeYears) × yearsElapsedThe result is clamped so it never goes above the purchase price or below the salvage value.
Example
A $2,000 preamp, 5-year useful life, $500 salvage value, 2 years old:
2000 - ((2000 - 500) / 5) × 2
2000 - (300 × 2)
2000 - 600
= $1,400 current valueDisplay
Values are shown in USD, formatted without decimals.