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| | =DB(C, Salvage, L, P, NoMonths)= | | =DB(C, Salvage, L, P, NoMonths)= |
| − | | + | <div style="font-size:30px">'''DB (Cost,Salvage,Life,Period,NoMonths)'''</div><br/> |
| | Where | | Where |
| − | *<math>C</math> is the initial cost of an asset, | + | *<math>Cost</math> is the initial cost of an asset, |
| | *<math>Salvage</math> is the value at the end of depreciation, | | *<math>Salvage</math> is the value at the end of depreciation, |
| − | *<math>L</math> is life of an asset that indicates the number of periods over which the asset is being depreciated, | + | *<math>Life</math> is life of an asset that indicates the number of periods over which the asset is being depreciated, |
| − | *<math>P</math> is the period for which depreciation is to be calculated, and | + | *<math>Period</math> is the period for which depreciation is to be calculated, and |
| | *<math>NoMonths</math> specifies how many months of the year are used in the calculation of the first period of depreciation. | | *<math>NoMonths</math> specifies how many months of the year are used in the calculation of the first period of depreciation. |
| | | | |
| − | DB() calculates the depreciation of an asset for a specified period using the fixed-declining method. | + | DB(), returns the depreciation of an asset for a specified period by using the fixed-declining balance method. |
| | | | |
| | == Description == | | == Description == |
| | | | |
| − | DB(C, Salvage, L, P, NoMonths) | + | DB (Cost,Salvage,Life,Period,NoMonths) |
| | | | |
| | *Depreciation is the decrease in value of assets. Depreciation of an asset is highest in the first period and decreases in successive periods. | | *Depreciation is the decrease in value of assets. Depreciation of an asset is highest in the first period and decreases in successive periods. |
| | *DB() calculates the depreciation using the fixed-declining balance method. | | *DB() calculates the depreciation using the fixed-declining balance method. |
| | *If <math>Salvage</math> <0, Calci displays #N/A error message. | | *If <math>Salvage</math> <0, Calci displays #N/A error message. |
| − | *If <math>C</math> ,<math>L</math>, <math>P</math>, <math>NoMonths</math> <=0, Calci displays #N/A error message. | + | *If <math>Cost</math> ,<math>L</math>, <math>P</math>, <math>NoMonths</math> <=0, Calci displays #N/A error message. |
| − | *If <math>P</math> is not an integer, Calci rounds up the value (e.g. 4.2 is rounded up to 5). | + | *If <math>Period</math> is not an integer, Calci rounds up the value (e.g. 4.2 is rounded up to 5). |
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| | == Examples == | | == Examples == |