Name
VDB
Synopsis
You can use
VDB to
determine the amount of depreciation for an asset across multiple
periods of time by specifying a start and end time. As a default, the
function calculates the depreciation using the
double-declining balance method, but you can
use a different method by specifying a value for the
Factor
argument.
To Calculate
=VDB(Cost
,Salvage
,Life
,Start_Period
,End_Period
,Factor
,No_Switch
)
The Factor
and
No_Switch
arguments are optional. All
other arguments must have a value.
-
Cost
Indicates the total amount paid to acquire the asset.
-
Life
An integer value that indicates the number of periods that the asset will be depreciated over. For example, if you purchase a computer that will have a useful life of five years you would specify a value of
5
for theLife
argument.-
Start_Period
An integer value that represents the starting of the period of time that you want to calculate the depreciation amount. If you want to determine the amount of depreciation for the second through the fourth year, the value of the
Start_Period
argument would be2
and theEnd_Period
argument would be4
.
Note
If the start period or the end period you want to specify is not a complete period, you can specify a decimal value that represents the expected amount of the period. For example, if the asset was purchased halfway through the first year you would specify as the value for the Start_Period argument and .5 as the value of End_Period to determine the amount of depreciation for the remainder ...
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