DB depreciation function

Norina

New Member
Joined
Jul 11, 2019
Messages
2
Hello, I have a list of assets that went in service in different dates and I want to use DB function to calculate depreciation BY MONTH. I tried =DB($J$43,0,60,R2,4) where:
J43 is end of PPE balance
0 salvage value
useful life 60 months
R2 =1 or the first period when depreciation start
4 is 4 months left since asset is acquired in Aug and first depreciation start in Sept. By the third month the asset is fully depreciated.

Question:
How do I fix the formula?
How do I make "4" to be dynamic?

[TABLE="width: 828"]
<colgroup><col><col><col><col><col><col span="2"></colgroup><tbody>[TR]
[TD]Asset Id[/TD]
[TD] End Ppe Balance [/TD]
[TD] Recalculated EOL [/TD]
[TD]In service Date[/TD]
[TD="align: right"]08/31/2014[/TD]
[TD="align: right"]09/30/2014[/TD]
[TD="align: right"]10/31/2014[/TD]
[/TR]
[TR]
[TD="align: right"]237457[/TD]
[TD="align: right"]-90,280.02[/TD]
[TD="align: right"]02/28/2020[/TD]
[TD="align: right"]3/1/2015[/TD]
[TD][/TD]
[TD][/TD]
[TD][/TD]
[/TR]
[TR]
[TD="align: right"]237477[/TD]
[TD="align: right"]42,571.81[/TD]
[TD="align: right"]05/28/2020[/TD]
[TD="align: right"]6/1/2015[/TD]
[TD][/TD]
[TD][/TD]
[TD][/TD]
[/TR]
[TR]
[TD="align: right"]230865[/TD]
[TD="align: right"]253,255.44[/TD]
[TD="align: right"]07/28/2019[/TD]
[TD="align: right"]8/1/2014[/TD]
[TD="align: right"]$84,418.48[/TD]
[TD="align: right"]$168,836.96[/TD]
[TD="align: right"]$0.00[/TD]
[/TR]
</tbody>[/TABLE]
 

Excel Facts

Create a Pivot Table on a Map
If your data has zip codes, postal codes, or city names, select the data and use Insert, 3D Map. (Found to right of chart icons).

Forum statistics

Threads
1,224,823
Messages
6,181,171
Members
453,021
Latest member
Justyna P

We've detected that you are using an adblocker.

We have a great community of people providing Excel help here, but the hosting costs are enormous. You can help keep this site running by allowing ads on MrExcel.com.
Allow Ads at MrExcel

Which adblocker are you using?

Disable AdBlock

Follow these easy steps to disable AdBlock

1)Click on the icon in the browser’s toolbar.
2)Click on the icon in the browser’s toolbar.
2)Click on the "Pause on this site" option.
Go back

Disable AdBlock Plus

Follow these easy steps to disable AdBlock Plus

1)Click on the icon in the browser’s toolbar.
2)Click on the toggle to disable it for "mrexcel.com".
Go back

Disable uBlock Origin

Follow these easy steps to disable uBlock Origin

1)Click on the icon in the browser’s toolbar.
2)Click on the "Power" button.
3)Click on the "Refresh" button.
Go back

Disable uBlock

Follow these easy steps to disable uBlock

1)Click on the icon in the browser’s toolbar.
2)Click on the "Power" button.
3)Click on the "Refresh" button.
Go back
Back
Top