Difference between revisions of "Manuals/calci/DB"
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(Created page with "=DB(C, Salvage, L, P, NoMonths)= Where *<math>C</math> is the initial cost of an asset, *<math>Salvage</math> is the value at the end of depreciation, *<math>L</math> is lif...") |
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== Description == | == Description == | ||
− | + | DB(C, Salvage, L, P, 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> | + | *If <math>C</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>P</math> is not an integer, Calci rounds up the value (e.g. 4.2 is rounded up to 5). | ||
== Examples == | == Examples == | ||
− | 1. =DB(20000,2000,5,4.5,2) : Displays ''' | + | 1. =DB(20000,2000,5,4.5,2) : This example is used to find the yearly depreciation of an asset that costs $20,000 at the start of year 4.5, and has a salvage value of $2,000 after 5 years. The depreciation calculation starts 2 months into year 1. <br/>Displays '''2,757.7148''' as a result. |
− | 2. =DB(10000,1000,5,1,6) : Displays ''' | + | 2. =DB(10000,1000,5,1,6) : This example is used to find the yearly depreciation of an asset that costs $10,000 at the start of year 1, and has a salvage value of $1,000 after 5 years. The depreciation calculation starts 6 months into year 1. <br/>Displays '''1,845.00''' as a result. |
==Related Videos== | ==Related Videos== |
Revision as of 04:56, 15 March 2017
DB(C, Salvage, L, P, NoMonths)
Where
- is the initial cost of an asset,
- is the value at the end of depreciation,
- is life of an asset that indicates the number of periods over which the asset is being depreciated,
- is the period for which depreciation is to be calculated, and
- 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.
Description
DB(C, Salvage, L, P, NoMonths)
- 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.
- If <0, Calci displays #N/A error message.
- If ,, , <=0, Calci displays #N/A error message.
- If is not an integer, Calci rounds up the value (e.g. 4.2 is rounded up to 5).
Examples
1. =DB(20000,2000,5,4.5,2) : This example is used to find the yearly depreciation of an asset that costs $20,000 at the start of year 4.5, and has a salvage value of $2,000 after 5 years. The depreciation calculation starts 2 months into year 1.
Displays 2,757.7148 as a result.
2. =DB(10000,1000,5,1,6) : This example is used to find the yearly depreciation of an asset that costs $10,000 at the start of year 1, and has a salvage value of $1,000 after 5 years. The depreciation calculation starts 6 months into year 1.
Displays 1,845.00 as a result.
Related Videos
See Also
References