VDB

This function returns the depreciation of an asset for any period you specify using the variable declining balance method.

Syntax

VDB(cost,salvage,life,start,end,factor,switchnot)

Arguments

This function has these arguments:

Argument	Description
cost	Initial cost of the asset
salvage	Value at the end of the depreciation period
life	Number of periods over which the asset is being depreciated
start	Number representing the starting period for which to calculate the depreciation in the same units as life; if not an integer, the number is truncated
end	Number representing the ending period for which to calculate the depreciation in the same units as life; if not an integer, the number is truncated
factor	[Optional] Rate at which the balance declines; if omitted, uses two (2)
switchnot	[Optional] Logical value specifying whether to switch to straight-line depreciation when depreciation is greater than the declining balance calculation; if omitted uses FALSE

Remarks

If factor is omitted, the calculation uses two, which represents the double‑declining balance method. For other methods, use a different value. For more information about the double‑declining balance method, see DDB.

Data Types

Accepts numeric data for all arguments. Returns numeric data.

Examples

VDBD(B1,1000,10,1,8)

VDB(50000,500,1200,100,1000,1) gives the result $37,122.94

Version Available

This function is available in product version 1.0 or later.