Variable-declining balance uses the double-declining factor but also initiates the automatic switch to straight-line depreciation once that is greater than double-declining.

Reviewed by Charlene Rhinehart Fact checked by Vikki Velasquez Businesses depreciate long-term assets for both tax and accounting purposes. For tax purposes, businesses can deduct the cost of the ...

Mastering percentage calculations in Excel is crucial for tasks like financial analysis, pricing adjustments, tax calculations, and variance analysis, making sure accuracy and efficiency.

How to Calculate a Loan's Monthly Payment in Excel With Tax & PMI. Your monthly loan payment consists of more than just equity and interest payments. If you didn't put down at least 20 percent ...

The article How to calculate conditional subtotals in an Excel revenue sheet uses simple expressions, a function, and a conditional format to display a daily balance in a revenue sheet.

How to Calculate Operating Expenses in Excel. An Excel spreadsheet is designed to automate the task of repetitive calculations. It can be an invaluable tool for ascertaining the income, capital ...