Formula to stop depreciation after useful life

Mahmoudelnemr

New Member
Joined
May 14, 2019
Messages
5
The attached table, first column is the truck code,3rd column is the price of new tires, the 4th column is the depreciation cost

https://photos.app.goo.gl/Gtt76KvF51Yt8xCi8

I want to depreciate the cost of new tire over 26
months
So i made a formula for the 4th column
=IF(A2=A1,D2/26+E1,D2/26)
If same truck id sum the depreciation of different tires for the same truck

The problems is that after the 26 months, the formula contunues to add depreciation cost, i want it to stop after 26 months

Any help
 

Excel Facts

Can you sort left to right?
To sort left-to-right, use the Sort dialog box. Click Options. Choose "Sort left to right"
Cross posted https://www.excelforum.com/excel-formulas-and-functions/1275991-how-to-stop-depreciation.html

While we do not prohibit Cross-Posting on this site, we do ask that you please mention you are doing so and provide links in each of the threads pointing to the other thread (see rule 13 here along with the explanation: Forum Rules).
This way, other members can see what has already been done in regards to a question, and do not waste time working on a question that may already be answered.
 
Upvote 0

Forum statistics

Threads
1,223,164
Messages
6,170,444
Members
452,326
Latest member
johnshaji

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