DB Function
The DB function is one of the financial functions. It is used to calculate the depreciation of an asset for a specified accounting period using the fixed-declining balance method.
Syntax
DB(cost, salvage, life, period, [month])
The DB function has the following arguments:
Argument | Description |
---|---|
cost | The cost of the asset. |
salvage | The salvage value of the asset at the end of its lifetime. |
life | The total number of the periods within the asset lifetime. |
period | The period you wish to calculate depreciation for. The value must be expressed in the same units as life. |
month | The number of months in the first year. It is an optional argument. If it is omitted, the function will assume month to be 12. |
Notes
How to apply the DB function.
Examples
The figure below displays the result returned by the DB function.