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 'Financial' category
The VDB function function is one of many functions in the 'Financial' category.
Calculates the accrued interest for a security that pays periodic interest.
Calculates the accrued interest for a security that pays interest at maturity.
Calculates the depreciation for each accounting period. This function is designed for the French accounting system.
Calculates the depreciation for each accounting period.
Calculates the accumulated interest based on a start and end period on a loan.
Calculates the accumulated principal based on a start and end period on a loan.
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.
Converts a decimal number to its equivalent in fractional numbers, used in securities denominated in dollars.
Calculates the effective annual interest rate, given the nominal annual interest rate and the number of compounding periods per year.
Returns the future value of an investment based on a constant interest rate.
Calculates the interest payment for a specific period for an investment based on repeated constant payments and a constant interest rate.
Calculates the interest paid during a specific period of an investment.
Calculates the nominal annual interest rate based on the effective rate and the number of compounding periods per year.
Calculates how many periods required by an investment to reach a given amount based on a rate in percentage.
Returns the payment needed for borrowing a fixed sum of money based on constant payments and interest rate.
Calculates the principal payment for a specific period for an investment based on repeated constant payments and a constant interest rate.
Calculates the price per $100 nominal value of a bond that pays interest at maturity.
Calculates the net present value for an investment or loan.
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.
Calculates the par amount (face value) for a Treasury bill.
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
Calculates the yield for a security that pays interest. The YIELD function is designed to calculate the bond yield.
How to comment
How to add a formula to your comment
<code>Insert your formula here.</code>
Convert less than and larger than signs
Use html character entities instead of less than and larger than signs.
< becomes < and > becomes >
How to add VBA code to your comment
[vb 1="vbnet" language=","]
Put your VBA code here.
[/vb]
How to add a picture to your comment:
Upload picture to postimage.org or imgur
Paste image link to your comment.
Contact Oscar
You can contact me through this contact form