DDB (PQL - xl)

This function calculates the depreciation of an asset for a specified period using the double-declining balance method or another method you specify

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

Syntax

DDB(cost, salvage, life, period, OPTIONAL factor)

Function Arguments

Name

Description

Type

Optional

cost

Initial cost of the asset

Number

salvage

Value at the end of depreciation

Number

life

Number of periods over which the asset is being depreciated

Number

period

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

Number

factor

Rate at which the value declines; if omitted, the calculation uses 2 (double-declining method)

Number

Y

Comments

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