When managing assets in financial reporting, depreciation plays a critical role in recognizing the cost of using long-term assets over time. Excel offers multiple depreciation functions, and among them, the VDB function stands out for its flexibility and accuracy in handling partial periods and declining balance depreciation.

In asset accounting, depreciation methods significantly impact the timing of expense recognition. While the straight-line method spreads depreciation evenly, some organizations prefer to front-load depreciation, especially for assets that lose value faster in earlier years. Enter Excel’s SYD function—a built-in tool for calculating accelerated depreciation using the Sum-of-Years' Digits (SYD) method

In business and accounting, tracking how assets lose value over time is essential for accurate financial reporting, tax planning, and capital budgeting. One of the simplest and most widely used methods of calculating depreciation is the Straight-Line Method. Excel provides the SLN function to automate this calculation, making it easy to determine the annual depreciation expense for assets over their useful life.

The DDB function in Excel calculates the depreciation of an asset for a specific period using the Double Declining Balance (DDB) method.This method is an accelerated depreciation technique, which means that an asset depreciates faster in the earlier periods compared to later periods. In simple terms, the DDB function helps you calculate how much of an asset's value has been depreciated using the double declining balance method, which takes a fixed percentage of the remaining

The DB  function in Excel calculates the depreciation  of an asset for a specific period, using the declining balance method . In simple...