DB (PQL - xl)

This function calculates the depreciation of an asset for a specified period using the fixed‑declining balance method

  • Library: PQL \ Spreadsheet \ Financial
  • Compatibility: Any content (regardless of data source) in the Tabulate spreadsheet module

Syntax

DB(cost, salvage, life, period, OPTIONAL month)

Function Arguments

Name

Description

Type

Optional

cost

Initial cost of the asset

Number

salvage

Value at the end of the depreciation period

Number

life

Number of periods over which the asset is being depreciated

Number

period

Period for which you want to calculate the depreciation; use the same units as the life argument

Number

month

Number of months in the first year; if omitted, the calculation uses 12 months

Number

Y

Comments

This function is the same as the Microsoft Excel 'DB' function - using the same inputs, logic and outputs.