Difference between revisions of "Documentation/How Tos/Calc: DB function"

From Apache OpenOffice Wiki
Jump to: navigation, search
(See also:)
m
 
(12 intermediate revisions by 5 users not shown)
Line 1: Line 1:
__NOTOC__
+
{{DISPLAYTITLE: DB function}}
 +
{{Documentation/CalcFunc FinancialTOC
 +
|ShowPrevNext=block
 +
|PrevPage=Documentation/How_Tos/Calc:_AMORLINC_function
 +
|NextPage=Documentation/How_Tos/Calc:_DDB_function
 +
}}__NOTOC__
  
 
== DB ==
 
== DB ==
Returns the depreciation of an asset for a given year using the declining-balance method.
+
Returns the depreciation of an asset for a given year using the fixed rate declining-balance method.
  
 
=== Syntax: ===
 
=== Syntax: ===
Line 28: Line 33:
 
:  returns approximately <tt>'''3690'''</tt> in currency units, which is the depreciation in the first year for an asset which cost 10000 and is written down to 1000 over 5 years.
 
:  returns approximately <tt>'''3690'''</tt> in currency units, which is the depreciation in the first year for an asset which cost 10000 and is written down to 1000 over 5 years.
  
=== See also: ===
+
=== Issues: ===
[[Documentation/How_Tos/Calc: DDB function|'''DDB''']],
+
* This method underestimates total depreciation slightly if <tt>'''months1styear'''</tt> is given and not 12.
[[Documentation/How_Tos/Calc: SLN function|'''SLN''']],
+
[[Documentation/How_Tos/Calc: SYD function|'''SYD''']],
+
[[Documentation/How_Tos/Calc: VDB function|'''VDB''']]
+
  
'''[[Documentation/How_Tos/Calc: Derivation of Financial Formulas|Derivation of Financial Formulas]]'''
+
{{SeeAlso|EN|
 +
* [[Documentation/How_Tos/Calc: DDB function|DDB]]
 +
* [[Documentation/How_Tos/Calc: SLN function|SLN]]
 +
* [[Documentation/How_Tos/Calc: SYD function|SYD]]
 +
* [[Documentation/How_Tos/Calc: VDB function|VDB]]
  
[[Documentation/How_Tos/Calc: Financial functions|'''Financial functions''']]
+
* [[Documentation/How_Tos/Calc: Derivation of Financial Formulas|Derivation of Financial Formulas]]
  
=== Issues: ===
+
* [[Documentation/How_Tos/Calc: Financial functions|Financial functions]]
* This function underestimates depreciation slightly if <tt>'''months1styear'''</tt> is not 12; this is likely to be a standard approach with this method.
+
 
 +
* [[Documentation/How_Tos/Calc: Functions listed alphabetically|Functions listed alphabetically]]
 +
* [[Documentation/How_Tos/Calc: Functions listed by category|Functions listed by category]]}}
 +
[[Category: Documentation/Reference/Calc/Financial functions]]

Latest revision as of 15:07, 30 January 2024

DB

Returns the depreciation of an asset for a given year using the fixed rate declining-balance method.

Syntax:

DB(originalcost; salvagevalue; lifetime; year; months1styear)

originalcost: the initial cost of the asset.
salvagevalue: is the value at the end of the depreciation (sometimes called the salvage value of the asset).
lifetime: the number of years over which the asset is being depreciated.
year: the year number for which the depreciation is calculated.
months1styear: the number of months in the first year (defaults to 12 if omitted).
To calculate depreciation, DB uses a fixed rate throughout the asset’s life, given by
rate = 1 - (salvagevalue/originalcost)(1/lifetime)
rounded to 3 decimal places.
The depreciation in any year is given by
value_at_start_of_year * rate
where value_at_start_of_year = originalcost - depreciation_so_far.
If months1styear is less than 12 the depreciation rate used for the first and last years is
rate * number_of_months_in_year / 12.

Example:

DB(10000; 1000; 5; 1)

returns approximately 3690 in currency units, which is the depreciation in the first year for an asset which cost 10000 and is written down to 1000 over 5 years.

Issues:

  • This method underestimates total depreciation slightly if months1styear is given and not 12.



See Also
Retrieved from "https://wiki.openoffice.org/w/index.php?title=Documentation/How_Tos/Calc:_DB_function&oldid=259722"
Views
Personal tools
Navigation
Tools
In other languages