Formula To Calculate Remaining Life Of Asset?

May 15, 2014

I am trying to figure out a formula to calculate remaining useful life. I have the following information:

In Service Date (Cell W2)
Estimated Life (Cell X2)
Aquired Value (Cell Z2)

Is there a formula that will just calculate how much life is left based on the information i have?

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Formula Required To Calculate Number Of Days Remaining

Apr 1, 2009

A1, B1, C1 and D4 are cell in Excel worksheet and values are 2, 4 and 6 in A1, b1 and c1 respectively.

A1 B1 C1 D4
2 4 6 C1-Formula is: =sum(A1+B1)

Now I have to write formula for D4-cell:
i.e. =sum(C1/Total days remaining of the month)

Suppose Today is April 01, 2009, C1/should be devided by 30,
Tomorrow will be April 02, 2009, C1/should be devided by 29.

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I am looking to reassess the useful life of existing fixed assets by one/two years.

For example:-

Original cost $1,727.00
Start Date 30/12/2008
Current End of life 29/12/2013
New End of Life date 29/12/2014
5 year - 20%
NBV as at 30/06/2013 $174.12

How can I calculate the new rate, as I can not change the prior financial years depreciation. I am looking for a calculation, to test the assumptions, and see the overall change. This is just one example.

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Jan 25, 2010

I am working on a depreciation schedule in which I want the monthly depreciation of an asset to automatically calculate and, if the asset is fully depreciation, caclulate a zero or the balance to be depreciation (if less than the monthly depreciation). Please see below example. As you can see my asset is fully depreciated at the end of February but because there remains a $0.01, the formula is calculating another month in March and then reversing it in April (less the $0.01). Here's the formula I'm using. What am I doing wrong?

Column H is March, Column C is my monthly depreciation, and column E is my beginning book value:

=-IF(ABS(SUM($F2:H2))>=$E2,(SUM($F2:H2)+$E2),IF($E2=$C2,$C2,$E2)))

Purchase
PriceMonthly DepreciationAccumulated Depreciation 12/31/20091/1/2010 Beginning Book ValueJan-10Feb-10Mar-10Apr-10May-10
LCD PROJECTOR 797.12 13.29 (770.54) 26.58 (13.29) (13.29) (13.29) 13.28 -

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I price life insurance policies and need a formalu for the following new Fund:

If the sum of the first two years of premium added to 10% of that total is equal to or less than 25% of the face amount, the case fits into the general parameter.

Here is what I have, but it isn't working:

=IF((U2+V2)*10%)+(U2+V2))

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Jul 4, 2014

I'm try to do a what IF Formula, so I can automatically add the cost into the right year for a lifecycle cost

My criteria is in column K I have either New Build or Existing and column AT I have year 12 of the lifecycle and column AZ I have year 18

And what I want the result to say is IF Column K Say New build I want the value of the first maintenance year to start in year 18 and column k say Existing I want the value of fist year Maintenance to start in Year 12

I already have this formula in the Column AT&AZ working out he value

IF(ISERROR(MROUND((AQ$1-$Q2),$P2)),"0",
IF((MROUND((AQ$1-$Q2),$P2)+$Q2) = AQ$1,$AF2,"0"))

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I have the following formula which returns the number of asset breaks for each head of dept in sheet3 based on their teams in Sheet1 and then does a countif in >30_DAYS_ASSET in sheet2. In sheet 1 is a mapping table with range names "Teams2", "Teams" & "Managers". I now need the formula to also do a count on the unique numbers in sheet2 Column B, if there are duplicate numbers then that will be 1 asset break, so for example for for Joe plummer we can see there are duplicate case numbers so the formula in total should return 2.

=SUMPRODUCT(--ISNUMBER(MATCH(Teams2,INDEX(Teams,MATCH(C11,Managers,0),0),0)),
COUNTIF('>30_DAYS_ASSET'!$B:$B,Teams2))
Sheet1

AB2ManagersTeams3JOE BLOGGSAMP14JOE PLUMMEREQADMIN567Teams28SECADMIN9AMP1

Excel tables to the web >> http://www.excel-jeanie-html.de/index.php?f=1" target="_blank"> Excel Jeanie HTML 4

Sheet3

AB4Head of DeptASSETS5JOE BLOGGS286JOE PLUMMER3

Excel tables to the web >> http://www.excel-jeanie-html.de/index.php?f=1" target="_blank"> Excel Jeanie HTML 4

Sheet2

AB6SourceCase No.7SECADMIN4498618SECADMIN4498619SECADMIN44991310AMP144986211AMP144918012AMP1550935

Excel tables to the web >> http://www.excel-jeanie-html.de/index.php?f=1" target="_blank"> Excel Jeanie HTML 4

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I have a table which contains Day, Projects, Proj Completed and % completed. I would need to get the target % starting thu so that I can end the week completing 90% of all my projects. Fri - Sun would show the same targets as Thu. Once Fri comes, i just need to update Thu with the actual projects I completed and Fri - Sun will show me my new target % to achieve 90%. Just in case hitting 100% will not achieve the 90%, it will just show 100% for the remaining days.

DayProjectsCompleted%
Mon4375%
Tue55100%
Wed8450%
Thu9?? If today is Thu, whats my target % to close the week at 90% ?
Fri8??Fri, Sat and Sun would show equal targets as Thu.
Sat6??
Sun7??
Total 47?90%target % at end of week ( formula for % is total completed / total projects)

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Apr 11, 2014

In Column A, I have the dates listed as such. Common point is that, they are all 1st day of the month.
In Column B, I have Quarters as such.... (Please see below)

Can I put a formula together, to round up how many months left in that particular quarter ? example

Date Q3 2014 Q3 2014 Q1 2015
9/1/2014 1 3 3

Column A
9/1/2014
12/1/2014
6/1/2015
9/1/2014
9/1/2014
6/1/2015
9/1/2014
9/1/2014
...
..

Column
Q2 2014
Q3 2014
Q4 2014
Q1 2015
Q2 2015
...
...

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Mar 20, 2009

I'm trying to calculate the Depreciation of the fixed asset for some items. I've tried the formulas that came with Excel but i don't know its not working or not give the correct value
so I attached a file as an example what I'm trying to have is

1- straight line method along the asset life

2- salvage must be ( 1 )

3- if the purchase date is equal to or before the middle of the month (14-15/02/2004) so the start of depreciation have to start from the beginning of the current month ( Feb) but if the date excess the day 15 ( 16/02/2004) the middle of the month , the the depreciation must start from the next month.

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May 21, 2008

Have 5 columns (A1-E1) with different bond data: (respectively)
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Depending on the type of swap I am performing i want the ASWAP (user-created) function to reference different values within the row.

For example: Swap 1 = settlement, maturity, coupon, price, curve
(curve is a user input single number 1-3)

Swap 2 = settlement, maturity, yield, price, curve (yield in place of coup)

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etc. I won't type out all the iterations, not necessary.

The way that I want the ASWAP to recognize which Swap# to use is by inputting a number into a cell beside the Aswap column that I can input 1, 2, 3, etc., and then recalculate to get the desired outcome. Want to keep this a static reference as well as the price at par (each owning their own single cell, not a fill down the columns because there are too many).

So assuming G1 is the Swap# input, and H1 is 100...

How do i write a formula that is capable of reading the input in G1 and outputting the proper swap calc.

My gut feeling was along the lines of nested IF's with the corresponding formula... but i won't mess around in futility on here.

Let me know if this is too confusing without me putting up an example.

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I am trying to create a life-cycle management sheet that is simple for the user but gives specific data.

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I am fine from the user input side but am struggling to figure out how to extract ONLY the data I need to display in a graph.

For example: If I want to see the average no. of days "component X" is lasting before being replaced I've not been able to extract just that data. I have tried using a pivot chart but this won't do exactly what I'm after.

See the attached for a clear explanation : Component LifeCycle Example.xlsx

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Dim rng As Range, aCell As Range
Set rng = Range("C8, D8, E8, F8, G8, H8, J8, K8, L8, M8, N8, O8, P8, Q8, R8, S8, T8, U8")
For Each aCell In rng
Selection.End(xlDown).Select
Application.CutCopyMode = False

[Code] .......

It does not go to the next column, instead it stays in the same column and repeats the process.

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i am trying to get back to the original purchase date of an asset.

It has being depreciating using the reducing balance method.

I have the Net book value of the asset currently, the original cost and the depreciation rate.

However i do not know the quickest way in excel to work back to the original purchase date.

See attached file for examples and my long workaround to estimate purchase date.

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The variables are:
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Here is the code I have but I am receiving error message "Method 'Range of object_Global failed":

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[Code] ......

Attached File : Test VBA File.xlsx‎

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