Depreciation Worksheet Variables
|
Variable |
Key |
Display |
Variable Type** |
|
& p |
SL |
Setting |
|
|
Sum-of-the-years’-digits method |
& V |
SYD |
Setting |
|
Declining-balance method |
& V |
DB |
Setting/Enter |
|
Declining-balance method with crossover to SL method |
& V |
DBX |
Setting/Enter |
|
French straight-line method* |
& V |
SLF |
Setting/Enter |
|
French declining balance method* |
& V |
DBF |
Setting/Enter |
|
Life of the asset in years |
# |
LIF |
Enter only |
|
Starting month |
# |
M01 |
Enter only |
|
Starting date for French straight-line method** |
# |
DT1 |
Enter only |
|
Cost of the asset |
# |
CST |
Enter only |
|
Salvage value of the asset |
# |
SAL |
Enter only |
|
Year to compute |
# |
YR |
Enter only |
|
Depreciation for the year |
# |
DEP |
Auto-compute |
|
Remaining book value at the end of the year |
# |
RBV |
Auto-compute |
|
Remaining depreciable value |
# |
RDV |
Auto-compute |
* SLF and DBF are available only if you select the European format for dates or separators in numbers.
** This guidebook categorizes variables by their method of entry.
Resetting the Depreciation Worksheet Variables
| • | To reset all calculator variables and formats to default values, including the Depreciation worksheet variables, press & } !. |
|
Variable |
Default |
Variable |
Default |
|
Depreciation method |
SL |
M01 |
1 |
|
DB |
200 |
YR |
1 |
|
DBX |
200 |
CST |
0 |
|
LIF |
1 |
SAL |
0 |
| • | To clear only the LIF, YR, CST, and SAL Depreciation worksheet variables and reset default values without affecting the depreciation method or other calculator variables and formats, press & z while in the Depreciation worksheet. |
Computing Values for DEP, RBV, and RDV
| • | The calculator computes one year at a time and rounds the results to the number of decimal places set. |
| • | The calculator computes values for DEP, RBV, and RDV automatically when you press # to display each variable. |
Entering Values for DB and DBX
If you choose either the declining balance (DB) or declining balance with crossover to SL (DBX) depreciation method, remember to enter a value representing the percent of declining balance for the DB or DBX variable.
Note: The declining balance you enter must be a positive number.
Entering Values for LIF
| • | If SL or SLF is selected, the LIF value must be a positive real number. |
| • | If SYD, DB, DBX, or DBF is selected, the LIF value must be a positive integer. |
Entering Values for M01
The value you enter for the starting month (M01) has two parts:
| • | The integer portion represents the month in which the asset is placed into service. |
| • | The decimal portion represents the fraction of the initial month in which the asset begins to depreciate. |
For example, to specify that the asset will begin to depreciate in the middle of the first month, enter 1.5. To specify that the asset will begin to depreciate a quarter of the way through the fourth month, enter 4.25.
Working with YR
| • | When computing depreciation, the value you enter for the year-to-compute (YR) variable must be a positive integer. |
| • | If the remaining depreciable value (RDV) variable is displayed, you can press # to return to the year to compute (YR) variable. To represent the next depreciation year, press C to increment the value for YR by one. |
| • | To compute a depreciation schedule, repeatedly return to the year to compute (YR) variable, press C to increment the value for YR, and compute values for DEP, RBV, and RDV. The schedule is complete when RDV equals zero. |