Dear All, I am trying to calculate Written Down Value Rate for calculating depreciation on the basis of WDV method by using the following formula.
Rate = [1 - (Scrap Value / Total Cost ) ^ (1/Life) ] * 100 If the life is in Number of Exact years, the rate derived is accurate, but if the life of the asset is in fractions, i.e., 2 Year 2 months, the rate does not depreciate the asset accurately and the salvage value is different than the actual salvage value. Please guide me how to solve it. I have attached a file. -- Sincere Regards CA Kanwaljit Singh Dhunna +91-987 6739 911 +91-950 1031 007 P*Please don't print this e-mail unless you really need to.* *IF U LOSE, DON'T LOSE THE LESSON.* -- Are you =EXP(E:RT) or =NOT(EXP(E:RT)) in Excel? And do you wanna be? It’s =TIME(2,DO:IT,N:OW) ! Join official Facebook page of this forum @ https://www.facebook.com/discussexcel FORUM RULES 1) Use concise, accurate thread titles. Poor thread titles, like Please Help, Urgent, Need Help, Formula Problem, Code Problem, and Need Advice will not get quick attention or may not be answered. 2) Don't post a question in the thread of another member. 3) Don't post questions regarding breaking or bypassing any security measure. 4) Acknowledge the responses you receive, good or bad. 5) Jobs posting is not allowed. 6) Sharing copyrighted material and their links is not allowed. NOTE : Don't ever post confidential data in a workbook. Forum owners and members are not responsible for any loss. --- You received this message because you are subscribed to the Google Groups "MS EXCEL AND VBA MACROS" group. To unsubscribe from this group and stop receiving emails from it, send an email to excel-macros+unsubscr...@googlegroups.com. To post to this group, send email to excel-macros@googlegroups.com. Visit this group at http://groups.google.com/group/excel-macros. For more options, visit https://groups.google.com/d/optout.
WDV Method.xlsx
Description: MS-Excel 2007 spreadsheet
