# DDB Function

office 365 dev account|Last Updated: 6/12/2017
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Returns a Double specifying the depreciation of an asset for a specific time period using the double-declining balance method or some other method you specify. SyntaxDDB( cost,salvage, life, period [, factor ] ) The DDB function has thesenamed arguments:

PartDescription
costRequired. Double specifying initial cost of the asset.
salvageRequired. Double specifying value of the asset at the end of its useful life.
lifeRequired. Double specifying length of useful life of the asset.
periodRequired. Double specifying period for which asset depreciation is calculated.
factorOptional. Variant specifying rate at which the balance declines. If omitted, 2 (double-declining method) is assumed.

Remarks The double-declining balance method computes depreciation at an accelerated rate. Depreciation is highest in the first period and decreases in successive periods. The life and periodarguments must be expressed in the same units. For example, if life is given in months, period must also be given in months. All arguments must be positive numbers. The DDB function uses the following formula to calculate depreciation for a given period: Depreciation / period = (( cost - salvage ) * factor ) / life

## Example

This example uses the DDB function to return the depreciation of an asset for a specified period given the initial cost ( InitCost), the salvage value at the end of the asset's useful life ( SalvageVal), the total life of the asset in years ( LifeTime), and the period in years for which the depreciation is calculated ( Depr).

Dim Fmt, InitCost, SalvageVal, MonthLife, LifeTime, DepYear, Depr
Const YRMOS = 12    ' Number of months in a year.
Fmt = "###,##0.00"
InitCost = InputBox("What's the initial cost of the asset?")
SalvageVal = InputBox("Enter the asset's value at end of its life.")
MonthLife = InputBox("What's the asset's useful life in months?")
Do While MonthLife < YRMOS    ' Ensure period is >= 1 year.
MsgBox "Asset life must be a year or more."
MonthLife = InputBox("What's the asset's useful life in months?")
Loop
LifeTime = MonthLife / YRMOS    ' Convert months to years.
If LifeTime <> Int(MonthLife / YRMOS) Then