Depreciation (DEPR)

10.1Choose a method and enter the asset#

Press 2NDDEPR9 (DEPR). The first line is the method: SL straight-line, SYD sum-of-the-years digits, DB declining balance and DBX declining balance with a switch to straight-line. Press 2NDSETENTER to change it. Then LIF (life in years), M01 (month of the first year, 1 at the start), CST (cost), SAL (salvage value) and, for DB methods, DB (the percent rate). Then YR (the year to look at), DEP (that year's depreciation), RBV (remaining book value) and RDV (remaining depreciable value).

Example 10.1

Cycle through the methods

1. Press 2ND ENTER once on the method line to get SYD.

   2NDDEPR92NDSETENTER

See also Depreciation of an asset

10.2Straight-line depreciation#

Example 10.2

Equipment costing 10,000, life 5 years, salvage 1,000

1. Open DEPR, enter life 5, skip M01, cost 10,000, salvage 1,000. The year line comes up as YR = 1.

   2NDDEPR9↓5ENTER↓↓10000ENTER↓1000ENTER↓

2. Move to DEP.

   ↓

   

Example 10.3

Remaining book value after year 1

1. Press down for RBV.

   2NDDEPR9↓5ENTER↓↓10000ENTER↓1000ENTER↓↓↓

Example 10.4

Year two

1. At YR, press CPT to step to the next year, then down twice for the book value.

   2NDDEPR9↓5ENTER↓↓10000ENTER↓1000ENTER↓CPTCPT↓↓

10.3Sum-of-the-years and declining balance#

Example 10.5

SYD, year one

1. Pick SYD with 2ND ENTER, then enter the same asset.

   2NDDEPR92NDSETENTER↓5ENTER↓↓10000ENTER↓1000ENTER↓↓

Example 10.6

SYD, year two

1. Step the year with CPT, then read DEP.

   2NDDEPR92NDSETENTER↓5ENTER↓↓10000ENTER↓1000ENTER↓CPT↓

Example 10.7

Declining balance at 200%

1. Pick DB (two presses of 2ND ENTER). A DB line (the rate, 200 percent at the start) follows M01, so move down once more before the cost.

   2NDDEPR92NDSETENTER2NDSETENTER↓5ENTER↓↓↓10000ENTER↓1000ENTER↓↓