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 withinlife
for which to calculate depreciation.month
- [ OPTIONAL -12
by default ] - The number of months in the first year of depreciation.
Notes
life
andperiod
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: