• Skip to main content
  • Skip to header right navigation
  • Skip to site footer

My Online Training Hub

Learn Dashboards, Excel, Power BI, Power Query, Power Pivot

  • Courses
  • Pricing
    • Free Courses
    • Power BI Course
    • Excel Power Query Course
    • Power Pivot and DAX Course
    • Excel Dashboard Course
    • Excel PivotTable Course – Quick Start
    • Advanced Excel Formulas Course
    • Excel Expert Advanced Excel Training
    • Excel Tables Course
    • Excel, Word, Outlook
    • Financial Modelling Course
    • Excel PivotTable Course
    • Excel for Customer Service Professionals
    • Excel for Operations Management Course
    • Excel for Decision Making Under Uncertainty Course
    • Excel for Finance Course
    • Excel Analysis ToolPak Course
    • Multi-User Pricing
  • Resources
    • Free Downloads
    • Excel Functions Explained
    • Excel Formulas
    • Excel Add-ins
    • IF Function
      • Excel IF Statement Explained
      • Excel IF AND OR Functions
      • IF Formula Builder
    • Time & Dates in Excel
      • Excel Date & Time
      • Calculating Time in Excel
      • Excel Time Calculation Tricks
      • Excel Date and Time Formatting
    • Excel Keyboard Shortcuts
    • Excel Custom Number Format Guide
    • Pivot Tables Guide
    • VLOOKUP Guide
    • ALT Codes
    • Excel VBA & Macros
    • Excel User Forms
    • VBA String Functions
  • Members
    • Login
    • Password Reset
  • Blog
  • Excel Webinars
  • Excel Forum
    • Register as Forum Member

Book Value Diminishing Method|General Excel Questions & Answers|Excel Forum|My Online Training Hub

You are here: Home / Book Value Diminishing Method|General Excel Questions & Answers|Excel Forum|My Online Training Hub
Avatar
sp_LogInOut Log In sp_Registration Register
sp_Search Search
Advanced Search|Last Search Results
Search
Forum Scope




Match



Forum Options



Minimum search word length is 3 characters - maximum search word length is 84 characters
sp_Search Search
sp_RankInfo
Lost password?
sp_CrumbsHome HomeExcel ForumGeneral Excel Questions & Answe…Book Value Diminishing Method
sp_PrintTopic sp_TopicIcon
Book Value Diminishing Method
Avatar
Suhail Ali
Member
Members
Level 0
Forum Posts: 14
Member Since:
October 11, 2012
sp_UserOfflineSmall Offline
1
November 29, 2020 - 1:32 am
sp_Permalink sp_Print

Hi Guys

Need your help. 

I want to put a formula in the attached sample worksheet as per below requirement.

In the first month of purchase, the value will remain the same, after this, it will depreciate by 30% i.e. the book value will be 70%.

Please help me. The file is attached.

 

Regards

 

Ali

sp_AnswersTopicSeeAnswer See Answer
Avatar
jab che
Member
Members
Level 0
Forum Posts: 16
Member Since:
June 25, 2020
sp_UserOfflineSmall Offline
2
November 29, 2020 - 9:06 am
sp_Permalink sp_Print sp_EditHistory

Hi Ali,

I assume you want the depreciation data to continue to the end of the year

If so, then only one formula needed:
clear cells F3:Q5 and type this into cell F3

=IF(F2:Q2<C3:C5,,B3:B5*(1-D3:D5)^DATEDIF(C3:C5,F2:Q2,"m"))

that should then spill across and down to complete your data

 

Furthermore, if you define the date series as a spilling formula (eg =DATE(2021,SEQUENCE(,12),1), then you can use this in the above formula too:

=IF(F2#<C3:C5,,B3:B5*(1-D3:D5)^DATEDIF(C3:C5,F2#,"m"))

or slightly less elegantly:

=IFERROR(B3:B5*(1-D3:D5)^DATEDIF(C3:C5,F2#,"m"),)

then, if you extend your date series (by changing the 12 to the desired no of months), your data formula will also extend itself to match

sometimes Excel is just magic!

jim

sp_AnswersTopicAnswer
Answers Post
Avatar
Suhail Ali
Member
Members
Level 0
Forum Posts: 14
Member Since:
October 11, 2012
sp_UserOfflineSmall Offline
3
November 29, 2020 - 5:42 pm
sp_Permalink sp_Print

Thank you so much for your help.

sp_Feed
Go to top
Forum Timezone: Australia/Brisbane
Most Users Ever Online: 245
Currently Online: Anders Sehlstedt, RAQUEL ACION, Dana Friedt, Chandler Davis, gogy13, Brenda Richards, Mark Luke
Guest(s) 10
Currently Browsing this Page:
1 Guest(s)
Top Posters:
SunnyKow: 1432
Anders Sehlstedt: 870
Purfleet: 412
Frans Visser: 346
David_Ng: 306
lea cohen: 219
Jessica Stewart: 202
A.Maurizio: 202
Aye Mu: 201
jaryszek: 183
Newest Members:
Mark Luke
terimeri dooriyan
Jack Aston
AndyC
Denise Lloyd
michael serna
mashal sana
Tiffany Kang
Leah Gillmore
Sopi Yuniarti
Forum Stats:
Groups: 3
Forums: 24
Topics: 6218
Posts: 27267

 

Member Stats:
Guest Posters: 49
Members: 31901
Moderators: 3
Admins: 4
Administrators: Mynda Treacy, Philip Treacy, Catalin Bombea, FT
Moderators: MOTH Support, Velouria, Riny van Eekelen
© Simple:Press —sp_Information

Sidebar

Blog Categories

  • Excel
  • Excel Charts
  • Excel Dashboard
  • Excel Formulas
  • Excel PivotTables
  • Excel Shortcuts
  • Excel VBA
  • General Tips
  • Online Training
  • Outlook
  • Power Apps
  • Power Automate
  • Power BI
  • Power Pivot
  • Power Query
microsoft mvp logo
trustpilot excellent rating
Secured by Sucuri Badge
MyOnlineTrainingHub on YouTube Mynda Treacy on Linked In Mynda Treacy on Instagram Mynda Treacy on Twitter Mynda Treacy on Pinterest MyOnlineTrainingHub on Facebook
 

Company

  • About My Online Training Hub
  • Disclosure Statement
  • Frequently Asked Questions
  • Guarantee
  • Privacy Policy
  • Terms & Conditions
  • Testimonials
  • Become an Affiliate

Support

  • Contact
  • Forum
  • Helpdesk - For Technical Issues

Copyright © 2023 · My Online Training Hub · All Rights Reserved. Microsoft and the Microsoft Office logo are trademarks or registered trademarks of Microsoft Corporation in the United States and/or other countries. Product names, logos, brands, and other trademarks featured or referred to within this website are the property of their respective trademark holders.