How to use the VDB function
Author: Oscar Cronquist Article last updated on May 11, 2022
The VDB function calculates the depreciation of an asset for a given period using the double-declining balance method or based on user input, you may use partial periods in this function. VDB is an abbreviation for variable declining balance.
Formula in cell D12:
=VDB(C3,C4,C5,B12,C12)
Excel Function Syntax
VDB(cost, salvage, life, start_period, end_period, [factor], [no_switch])
Arguments
| Cost | Required. What you pay for the asset. |
| Salvage | Required. The value of the asset at the end of depreciation. |
| Life | Required. The number of periods the asset is being depreciated. |
| Start_period | Required. The start of the range you want to calculate the depreciation. Start_period must use the same units as life. |
| End_period | Required. The end of the range you want to calculate the depreciation. End_period must use the same units as life. |
| [factor] | Optional. How quickly the balance declines, default value is 2 (the double-declining balance method). |
| [no-switch] | Optional. A boolean value determining whether to use to straight-line depreciation when depreciation is larger than the declining balance calculation.
TRUE - Does not switch to a straight-line depreciation even if the depreciation is larger than the declining balance calculation. FALSE - Switches to straight-line depreciation if the depreciation is larger than the declining balance calculation. |
Comments
All arguments must be positive numerical values except no_switch.
Functions in this article
Functions in 'Financial' category
The VDB function function is one of many functions in the 'Financial' category.
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Calculates the depreciation of an asset for a given period using the fixed-declining balance method.
Calculates the depreciation of an asset for a given period using the double-declining balance method or based on user input.
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Returns the interest rate per period of an annuity.
Calculates the growth of an investment in percent per period.
Calculates the yearly asset depreciation of a given year.
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Calculates the yield for a Treasury bill.
Calculates the depreciation of an asset for a given period using the double-declining balance method or based on user input, you may use partial periods in this function.
Calculates net present value for cash flows that may or may not be periodic
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Excel function categories
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Functions for backward compatibility with earlier Excel versions. Compatibility functions are replaced with newer functions with improved accuracy. Use the new functions if compatibility isn't required.
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Get data from the internet, extract data from an XML string and more.
Excel categories
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Allows you to filter data based on selected value , a given text, or other criteria. It also lets you filter existing data or move filtered values to a new location.
Lets you control what a user can type into a cell. It allows you to specifiy conditions and show a custom message if entered data is not valid.
Lets the user work more efficiently by showing a list that the user can select a value from. This lets you control what is shown in the list and is faster than typing into a cell.
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VBA stands for Visual Basic for Applications and is a computer programming language developed by Microsoft, it allows you to automate time-consuming tasks and create custom functions.
A program or subroutine built in VBA that anyone can create. Use the macro-recorder to quickly create your own VBA macros.
UDF stands for User Defined Functions and is custom built functions anyone can create.
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