User Manual

5: Depreciation Worksheet 83
Notes about the Depreciation Worksheet (cont.)
Values for
DEP
,
RBV
, and
RDV
are computed and displayed
automatically when you press
#
to display each variable.
If you choose
DB
or
DBX
as the depreciation method, enter a
value for declining-balance percent when you display the
DB
or
DBX
label. The value you enter must be a positive number.
(The default value is 200.)
The value you enter for
LIF
must be:
<
If
SL
or
SLF
is selected, a positive real number.
<
If
SYD
,
DB
,
DBX
, or
DBF
is selected, a positive integer.
The value you enter for
M01
has two parts. The integer
portion represents the month that the asset is placed into
service. The decimal portion represents the fraction of the
initial month in which the asset begins to depreciate. For
example, entering 1.5 specifies that the asset begins to
depreciate in the middle of the first month. Entering 4.25
specifies that the asset begins to depreciate a quarter of the
way through the fourth month.
When computing depreciation, the value you enter for
YR
must be a positive integer.
From
RDV
, you can press
#
to return to
YR
. To represent the
next depreciation year, press
%
to increment the value for
YR
by one.
Repeatedly returning to
YR
, pressing
%
to increment the
value for
YR
, and computing values for
DEP
,
RBV
, and
RDV
computes a depreciation schedule. The schedule is complete
when
RDV
equals zero.