DB

Definition

Calculates the depreciation of an asset for a specified period using the arithmetic declining balance method.

Sample Usage

Syntax

DB(cost, salvage, life, period, [month])

• cost - The initial cost of the asset.

• salvage - The value of the asset at the end of depreciation.

• life - The number of periods over which the asset is depreciated.

• period - The single period within life for which to calculate depreciation.

• month - [ OPTIONAL - 12 by default ] - The number of months in the first year of depreciation.

Notes

• life and period must be measured int he same units.

See Also

SYD: Calculates the depreciation of an asset for a specified period using the sum of years digits method.

SLN: Calculates the depreciation of an asset for one period using the straight-line method.

DDB: Calculates the depreciation of an asset for a specified period using the double-declining balance method.

To use the DB Formula, simply begin with your edited Excellentable:

Then begin typing the DB formula in the area you would like to display the outcome:

By adding the values you would like to calculate, Excellentable generates the outcome: