A Entering the DEPR Mode

  Press d to enter the DEPR Mode.

Value Input Screen

A Setting Values

Values Used

No. Display

Name

in Examples

1

n

Useful Life

6

Depreciation Ratio

25%

2 I*

1

Factor

200

3 PV

Original Cost (Basis)

$150,000

4 FV

Residual Book Value

$0

5

j

Year for Calculation of

Year 3

Depreciation Cost

Number of Months in the

6 YR1

2

First Year of Depreciation

*

1

Depreciation ratio in the case of the fixed percent (FP)

method, depreciation factor in the case of the declining

balance (DB) method.  Specifying 200 for the

depreciation factor while declining balance (DB)

depreciation is being calculated causes depreciation to

be calculated using the double declining balance (DDB)

method.

A Basic DEPR Mode Procedure

Example 1: To calculate depreciation using Straight Line

depreciation

1. Input the values for 1, 2, 3, 4, 5, and 6 from the

Setting Values table above.

  For this example, use

fc  to select 1  

n

 ,

input 6, and then press

E.

E 67