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Question

How to calculate depreciation on fixed assets in excel?


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Solution

Depreciation can be calculated on fixed assets in excel by:

  • For straight-line depreciation method: =SLN (cost, salvage, life).
  • For the sum of years digits depreciation method: =SYD(cost, salvage, life).
  • For declining balance depreciation method: =DB(cost, salvage, life, period[month]).
  • For double declining depreciation method: =DDB(cost, salvage, life, period [factor]).
  • For units of production depreciation method: =((cost-salvage)/useful life in units) *units produced in the year.

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