Monthly Depreciation Of An Asset To Automatically Calculate
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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Apr 4, 2014
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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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 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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Dec 3, 2012
I need a formula that i can put in cells that can count datas automatically each month. The data that i have is huge and it updates everyday. As an example i will explain it simply.
Lets say i have a list of product groups in column A. Column B is the date where the samples arrived, Column C is the approval, Column D is the sending date.
I probably need to post a picture of the table: [URL]...
sample workbook: Attachment 197668Attachment 197668
So as you can see, i need to a formula to count the percentage of "approved samples", "not approved samples" and so on (for month december)
The approved sample for month december should have these requirement: If the date of arrival is in December 2012, if the approval says "approved" and NOT EMPTY,if the date of sending is NOT EMPTY.. So from the table, the answer is 2.
The percentage should be the 2, divided by all samples (Telephone) arrived with approval, doesnt matter if the date of sending is empty or not. (which is 4)
I would want a formula that can do this automatically monthly, so i dont need to do the formula time and again.
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Jun 9, 2014
How to calculate the monthly sales based on the data given ?
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Dec 31, 2009
I have table and need to take out montly total for each worker...
Now...
Each hours in day have own factor. (I need total hours per day but for illustration)...
So when worker works day shift from 8:00 to 16:00 it's easy... 8 hours
When works from 8:00 to 20:00 it's 8 hours + 4 afternoon hours
When works from 20:00 to 8:00 it's 2 afternnoon hours + 8 night hours + 2 day hours
Aditional problem is when day intercept holliday or sunday when that factors need to be included (if holliday is at sunday then it's like holliday).
Here is some attachment:
Book1.xls
I've also added last day of previous month and first day of next month because of night shifts than need to be calulcated. Therefore correct number of hours is 168 and not 188.
Below I calculated manually those numbers wich I want to be automated...
Also.. This is table I get.. If it's easier to make it somehow else, OK by me. And any number of aditional columns is not problem...
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Nov 27, 2013
I am trying co Calculate number of nights between to dates for example 10/26/2012 -- 11/25/2013 in a period that can be greater than the month Period. for example. some One checked in on October 24, 2013 and they will checkout on december 17, 2013. in the monthly Period of 10/26/2012 -- 11/25/2013, I am trying to calculate, the monthly nights of that period itself, and the number of days he was checked in on that period.
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Feb 19, 2012
I am wanting to calculate a rolling monthly average and a rolling weekly average.
The following cells have the headers k2 has Allan, Cell L2 has Bill, Cell M2 has Charlie, Cell N2 has Don, cell o2 has Ellen and Cell P2 has Flora
Column J3 to J14 respectivley has Jan to Dec
The balance of the cells will have the data.
I then need to plot the rolling averages for each person on a gaph as teh months data is filled.
Below is the table:
Monthly Totals 2012AllanBillCharlieDonEllenFloraJan0.0000.0000.0000.0000.0000.000
Feb0.0000.0000.0000.0000.0000.000Mar0.0000.0000.0000.0000.0000.000
Apr0.0000.0000.0000.0000.0000.000May0.0000.0000.0000.0000.0000.000
Jun0.0000.0000.0000.0000.0000.000Jul0.0000.0000.0000.0000.0000.000
Aug0.0000.0000.0000.0000.0000.000Sep0.0000.0000.0000.0000.0000.000
Oct0.0000.0000.0000.0000.0000.000Nov0.0000.0000.0000.0000.0000.000Dec0.0000.0000.0000.0000.0000.000
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Jan 26, 2014
I am trying to keep a running total of cost, here is what I am doing
A B C D E F G H I
Date Books Pencils tax Month Books Pencils Tax Total
1/2/2014 11.50 2.50 .76 January 35.85 13.50 3.44 52.79
1/5/2014 14.50 3.85 .83 February 10.95 1.50 .68 13.13
1/6/2014 9.85 7.15 1.85
2/6/2014 10.95 1.50 .68
I only used Jan and Feb as an example. So as you see on the right side I will have all 12 months for the year and I just want all the totals for each month to auto calculate. I will have between 15 and 30 entries each month.
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Jan 30, 2013
I'm looking for a function that calculates a fee deduction based on the 28th of each month.
I'm paying back £200 on 28th of every month starting 28th Feb and was hoping that a formula could keep track of this...
A
B
C
D
1
£1,300.00
=TODAY ()
2
-£200.00
28/02/13
FUNCTION
How to do it but basically I'm trying to put a formula in D2 as follows:
If Today's date (C1) equals C2 I need B1 to reduce by the amount in B2
How to continue it calculating reductions per month by duplicating the formula...
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Feb 21, 2010
I need to calculate the monthly repayments on a loan taken out over a certain amount of years, which I can do fine.
I just cant get my head around how to calculate monthly repayments over a certain amount of years when the intrest is compounding annualy.
What I have so far:
p*(1+(r/100))^n
Where p is value of original loan, r is annual intrest rate, n is amount of years, and I am hoping I am right in saying this is the total repayable amount of the loan?
Then putting that aside I created a amortization table. (which I am certain i forgot to include compound intrest in!)
To keep it short i followed this guide for the amortization table.
and now I am so confused about if I should be using PMT, PPMT, NPER?!
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Jan 3, 2007
I feel pretty dumb asking a basic math question but I couldn't find the answer anywhere. I would like to calculate the monthly & annual returns of a security or index. When trying to calculate various indexes to insure my math was correct, my numbers never match that of yahoo or bloomberg's. If you could just start me down the path,
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May 11, 2008
I've daily data of a stock indices returns and I would like to calculate the monthly standard deviation. Currently, I'm using the following worksheet functions: =STDEVP(C2:C20)*SQRT(COUNT(C2:C20))
However, the range changes from month to month, which makes the process of calculating the monthly standard deviation to be quite tedious if I've about 10 years worth of data. I assume I could somehow substitute the range with a dynamic range, but I'm struggling to come up with the correct formulation that would do that.
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May 20, 2014
I am trying to do an automatic input with my daily total sales.. i did it in total but my problem is i don't know how to make the date change.
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Jan 2, 2009
In column A I have dates, in column B I have data.
What I am trying to do is get the monthly totals from the data so instead of:
01/02/08 - 52
06/02/08 - 87
14/03/08 - 23
12/13/08 - 12
I would get:
Feb 08 - 129
Mar 08 - 33
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Mar 13, 2012
I have the following setup:
52 weeks of 2010 cost with the following structure:
week number | wk1 | wk2 | wk3
week ending | 1/10/2010 | 1/17/2010 | 1/24/2010
weekly cost | 57,000 | 35,000 | 42,000
I want to be able to use the above data to present a summary, but instead of weekly, list the data on a monthly basis:
month | Jan | Feb | Mar
monthly cost | wk1-4 | wk5-8 | wk9-12+3days wk13
Any way to set this up automatically instead of having to split the weekly data as many months share the same weeks?
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Sep 16, 2009
I'm trying to combine monthly calculations with "today" and with "workdays"
Example:
start date = 01/01/2009
today's date 09/16/2009
formula result = 10/01/2009 ; or if 10/01/2009 is a Sunday, result = 09/29/2009 (not 02/01/2009, 03/01/2009, etc)
=edate gives me a month but it doesn't skip weekends or calculate beyond today's date
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Sep 19, 2007
follows in paragraph 5 - but first, background!
I have a specific formula (received courtesy of some clever person here at Ozgrid (thanks!)) which I use to calculate the Future Value of a series of future payments that increase at a fixed annual rate and earn interest at a fixed rate.
Here it is: =Pmt1* SUMPRODUCT((1+Increase_in_payment)^(ROW( OFFSET($A$1,0,0,Term,1))-1),(1+Return_on_investment)^(Term-ROW(OFFSET($A$1,0,0,Term,1))+1))
(Example: $1000 per annum (Pmt1) is invested for 20 years (Term). The interest earned on the $1000 is 10% per annum (Return_on_investment). The $1000 increases by 5% (Increase_in_payment) each year - i.e. 19 increases - answer: $89,632 (rounded))
This formula assumes that the payment is made at the beginning of the period.
Question: I would like to change the formula to use MONTHLY payments made in advance, and interest earned on a monthly basis.
Because I REALLY do not know what the formula does, maybe I could ask for a detailed explanation thereof - maybe even from the person who supplied it to me (I cannot see who did!) - and then I can start fiddling with it myself if answers do not come.
Two previous posts of mine that dealt with somewhat different issues on the same formula are:
Determine Present Value From Future Value
and
[url]
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Jun 7, 2014
I receive monthly expenditure returns from different departments which I have to consolidate. The problem I'm encountering is that some departments submit their data as a monthly figure and some as the cumulative position. It would be useful if I had a formula that identified what data type was submitted and from that calculate both the monthly and cumulative figure.
If you look at the attached example I'd like to input a formula in columns I and J that uses the data contained in columns B to E to calculate the monthly and cumulative expenditure figures.
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Jul 10, 2014
I have a model that makes projections based on annual growth rates. However, I need to evaluate the data based on monthly intervals. With an 8% return on an investment of $1,000,000 my ending balance at the end of the year should be $1,080,000 and in year 2 it would be $1,166,400 and so on. In order to evaluate the monthly data I need each month in year 1 to be based off $1,000,000, so it would be 8%/12=.006666% or $6,666.66 per month. The next year would be based off $1,000,000 + (6,666.66*12) = $1,080,000 and each month would be $7,200.
writing a formula to evaluate over 360 periods.
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May 21, 2008
Have 5 columns (A1-E1) with different bond data: (respectively)
Coupon, Maturity, Settlement, Price, Yield (asset swap is F1)
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)
Swap 3 = settlement, maturity, yield, 100, curve (100 for par redemption)
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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Mar 6, 2013
I have a table of yearly totals for the amount spent by x. I also have a growth rate for each month so for example in 2001 in jan the growth rate might have been 0.3% and feb 0.5% What I want to do is for each month based on the growth rate and the total produce a value for each month which sum to the total amount. It's also important to note that it restarts each year.
Link for excel file is here: [URL] ...........
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Sep 15, 2007
My problem is the following:
I'm trying to model straight line depreciation over 5 years for certain investments. This could for example be done like this: ....
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Aug 3, 2009
I’m currently pulling data into two columns labeled “Monthly” & “Non-Monthly” respectively. They indicate work orders with a frequency of “Monthly” or “Non-Monthly”
The Monthly data is obtained using the following formula:....
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Feb 15, 2006
I have a list of items on which I need to calculate the SLD, normally I would just divide the Acq Cost by the Salvage period (5yrs) to calculate the yearly depreciation. However I have been asked to calculate it from the Cap Date, therfore the first year would only be a portion of the year and the final year would also be a potion of the year.
So I'm trying to calculate the depreciation period for an asset with an Acq Cost of £12500 and a Cap Date of 27th July 04 over a 5yr period from that date.
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Dec 20, 2012
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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Jun 11, 2014
I am in need of a formula to calculate monthly straight-line depreciation assets based on the current month’s days.
So, if an asset costs $10,000 and has 15 years of useful life, in June this would calculate 15 divided by 12 divided by 31 times 10,000. I want to put cost in one cell and date in another, for the formula.
BTW, someone is using this formula, =(16736*(1/15)*(6/12))*31/184
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Feb 2, 2008
Using the declining balance depreciation formula how can I have the individual time frame results put into to cells?
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Mar 18, 2013
how to calculate debt repayments using this approach.
As shown on the attached file repay issue.xlsx I have an example where a loan is taken out regularly (in the example every 6 years) but repaid over a shorter period (in this example every 3 years).
Using "IF(MOD(ROW" the formula identifies correctly when the loan has to be renewed, and calculates correctly how much needs to be borrowed.
C14 =IF(MOD((ROW(A14)-ROW($A$8)),B$3)=0,B9*C$5
Because Row 14 is six rows below the start (Row 8) which is the interval set by B3, it enters the loan percentage
(C5) of the asset value (B9) into C14.
Problem comes in the following rows. I need the formula to establish how many rows the "active" row is below the last "renewal", then deduct one fraction of the payback period for each row. By sheer coincidence the formula below works on the second row of the datsabase and deducts one third of the loan value because C8 WAS the previous "renewal", and row 9 is one below it:
=IF(MOD((ROW(A9)-ROW($A$8)),B$3)=0,B9*C$5,IF(MOD((ROW(A9)-ROW($A$8)),B$3)=1,C8-(C8*(COUNT(A9-A$8)/C6))))
I cannot "hard wire" the cell references into the formula because the renewal intervals and number of paybacks range from 25 year mortgages paid every year without being renewed to a one year loan on an item renewed every two years
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