Formula Generator - VDB function
The VDB function is used to calculate the depreciation of an asset for a particular period or partial period. It takes into account the cost of the asset, its salvage value, its useful life, the start and end periods, and optional arguments such as the depreciation factor and switch. The function returns the depreciation amount for the specified period(s).How to generate an VDB formula using AI.
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VDB formula syntax.
The VDB function in Excel is used to calculate the depreciation of an asset over a specific period, taking into account variable depreciation rates. The syntax for the VDB function is as follows: VDB(cost, salvage, life, start_period, end_period, [factor], [no_switch]) - cost: The initial cost of the asset. - salvage: The value of the asset at the end of its useful life. - life: The number of periods over which the asset will be depreciated. - start_period: The starting period for which you want to calculate depreciation. - end_period: The ending period for which you want to calculate depreciation. - factor (optional): The rate at which the depreciation changes over time. If not specified, it is assumed to be 2 (double-declining balance method). - no_switch (optional): A logical value that determines whether the depreciation rate should switch to straight-line method when the book value is less than the salvage value. If not specified, it is assumed to be FALSE. The VDB function returns the depreciation of the asset for each period within the specified range.
Calculating Depreciation for a Single Period
This use case demonstrates how to calculate the depreciation of an asset for a single period using the VDB function.
VDB(cost, salvage, life, start_period, end_period, [factor], [no_switch])
Calculating Depreciation for Multiple Periods
This use case demonstrates how to calculate the depreciation of an asset for multiple periods using the VDB function.
VDB(cost, salvage, life, start_period, end_period, [factor], [no_switch])
Calculating Depreciation with Different Factors
This use case demonstrates how to calculate the depreciation of an asset for a single period using different factors using the VDB function.