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Depreciation
15-9 Depreciation
Depreciation lets you calculate the amount that a business expense can be offset by income
(depreciated) over a given year.
You can use a Depreciation page to calculate depreciation using one of four methods:
straight-line, fixed-percentage, sum-of-the-years’-digits, or declining-balance.
Depreciation Fields
The following fields appear on the Depreciation calculation page.
Field Description
N Number of years over which depreciation occurs
I
% Annual interest rate (as a percent)
PV Present value (initial investment)
FV Future value
j
Year for which depreciation is being calculated
YR1 Number of depreciable months in first year
SL Calculate depreciation for year
j
using the straight-line method
FP Calculate depreciation for year
j
using the fixed-percentage method
SYD Calculate depreciation for year
j
using the sum-of-the-years’-digits method
DB
Calculate depreciation for year
j
calculated using the declining-balance
method
RDV Residual value after depreciation for year
j