DB function

DB(OriginalCost, SalvageValue, Lifetime, Year, MonthsInFirstYear?) DB(OriginalCost; SalvageValue; Lifetime; Year; MonthsInFirstYear?)

OriginalCost

Number or { Number }

The initial cost of the asset.

SalvageValue

Number or { Number }

The value at the end of the depreciation (sometimes called the salvage value of the asset).

Lifetime

Number or { Number }

The number of years over which the asset is being depreciated.

Year

Number or { Number }

The year number for which the depreciation is calculated.

MonthsInFirstYear

Number or { Number } (optional)

The number of months in the first year. If omitted, it is assumed to be 12.

Returns

Number or { Number }

The depreciation of an asset.

Returns the depreciation of an asset for a given year using the fixed rate declining-balance method.

Example

DB(10000, 1000, 5, 1)DB(10000; 1000; 5; 1)

Returns $3,690, which is the depreciation in the first year for an asset which cost $1,0000 and is written down to $1,000 over five years.

Partly derived from the OpenOffice.org documentation, licensed under the Apache License 2.0.