Depr
Use this function to calculate depreciation amounts.
Syntax:
DEPR ("DB", Source, Rate/Life, "Compute"[, OpeningBalance], [Salvage])
where:
- Source is a symbol or value representing the value of the asset being depreciated.
- Rate is either a number expressed as a percentage or number of periods. This must be a number between 0 and 1.
- Compute indicates whether the period (PD) or year-to-date (YTD) depreciation is calculated (only YTD is supported currently). This parameter must be enclosed in double quotation marks.
- OpeningBalance is a value repesenting the opening balance for the depreciation calculation.
- Salvage is a value representing the salvage value of the asset.
Syntax example:
DeprVal=DEPR("DB", A1000, 0.97, "YTD", 5000, 10)