Since the depreciation is based on estimates not facts why bother to make calculation?

Calculating depreciation is essential for accurately reflecting the value of assets over time and for financial reporting. While estimates are involved, they help businesses allocate costs, manage budgets, and assess profitability more effectively. This process also aids in tax calculations and compliance, ensuring that companies adhere to accounting standards. Ultimately, depreciation provides valuable insights into the long-term financial health of an organization.