depreciation_declining_balance
Calculate declining balance depreciation schedules for assets by inputting cost, salvage value, useful life, and rate to determine annual depreciation amounts in Excel.
Instructions
Calculate declining balance depreciation schedule
Input Schema
TableJSON Schema
| Name | Required | Description | Default |
|---|---|---|---|
| cost | Yes | ||
| salvageValue | Yes | ||
| usefulLife | Yes | ||
| rate | No | Declining balance rate (e.g., 2.0 for double-declining) |