Fresh Excel Tips

Quick and Easy Excel Tips and Tutorials

Use the DDB function to calculate double-declining balance method

The DDB function returns the depreciation of an asset for a specified period, using the double-declining balance method or some other method that can be specified. DDB(cost, salvage, life, period, factor) cost: The asset’s initial cost. salvage: The value of the asset at the end of the depreciation. life: The number of periods over which the asset is being [...]