Entering Values for DB and DBX

If you choose either the declining balance (DB) or declining balance with

crossover to SL (DBX) depreciation method, remember to enter a value

representing the percent of declining balance for the DB or DBX

variable.

Note: The declining balance you enter must be a positive number.

Entering Values for LIF

• If SL or SLF is selected, the LIF value must be a positive real number.

• If SYD, DB, DBX, or DBF is selected, the LIF value must be a positive

integer.

Entering Values for M01

The value you enter for the starting month (M01) has two parts:

• The integer portion represents the month in which 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, to specify that the asset will begin to depreciate in the

middle of the first month, enter 1.5. To specify that the asset will begin

to depreciate a quarter of the way through the fourth month, enter 4.25.

Working with YR

• When computing depreciation, the value you enter for the year-tocompute

(YR) variable must be a positive integer.

• If the remaining depreciable value (RDV) variable is displayed, you

can press # to return to the year to compute (YR) variable. To

represent the next depreciation year, press % to increment the

value for YR by one.

• To compute a depreciation schedule, repeatedly return to the year to

compute (YR) variable, press % to increment the value for YR, and

compute values for DEP, RBV, and RDV. The schedule is complete

when RDV equals zero.

Entering Data and Computing Results

Because the Depreciation worksheet stores values and settings until you

either change them or clear the worksheet, you should not have to

perform every step each time you work a problem.

Note: Dates are not changed when you clear a worksheet.

Selecting a Depreciation Method

1. To access the Depreciation worksheet, press & p. The current

depreciation method is displayed.

2. To clear the worksheet, press & z.

3. Press & V until you display the depreciation method you want

(SL, SLF, SYD, DB, DBX, or DBF).

Note: If you select DB or DBX, you must either key in a value or

accept the default of 200.

Entering Depreciation Data

1. To display LIF, press #.

2. Key in a value for LIF and press !.

3. Repeat steps 1 and 2 for M01, DT1 (if SLF), CST, SAL, and YR.

Note: To select SLF or DBF, you must set either the European date or

European separator format first.

Computing Results for DEP, RBV, and RDV

After entering the data, press # once for each of the DEP, RBV, and RDV

variables to display the computed values.

Note: The _indicator confirms that the displayed value is computed.

Generating a Depreciation Schedule

To generate a depreciation schedule and compute values for other years:

1. To display YR, press #.

2. To increment the value by one, press %.

3. To compute new values for DEP, RBV, and RDV, press # for each

variable.

Example: Computing Straight-Line Depreciation

In mid-March, a company begins depreciation of a commercial building

with a 31½ year life and no salvage value. The building cost $1,000,000.

Use the straight-line depreciation method to compute the depreciation

expense, remaining book value, and remaining depreciable value for the

first two years.

To Press Display

Access Depreciation

worksheet.

& p SL

Answer: For the first year, the depreciation amount is $25,132.28, the

remaining book value is $974,867.72, and the remaining depreciable

value is $974,867.72.

For the second year, the depreciation amount is $31,746.03, the

remaining book value is $943,121.69, and the remaining depreciable

value is $943,121.69.

Enter life in years. # 31.5 ! LIF = 31.50

Enter starting month. # 3.5 ! M01 = 3.50

Enter cost. # 1000000 ! CST = 1,000,000.00

Leave salvage value as is. # SAL = 0.00

Leave year as is. # YR = 1.00

Display depreciation

amount, remaining book

value, and remaining

depreciable value.

#

#

#

DEP =

RBV =

RDV =

25,132.28*

974,867.72*

974,867.72*

View second year. #

%

YR =

YR =

1.00

2.00

Display second year

depreciation data.

#

#

#

DEP =

RBV =

RDV =

31,746.03*

943,121.69*

943,121.69*

To Press Display

If you choose either the declining balance (DB) or declining balance with

crossover to SL (DBX) depreciation method, remember to enter a value

representing the percent of declining balance for the DB or DBX

variable.

Note: The declining balance you enter must be a positive number.

Entering Values for LIF

• If SL or SLF is selected, the LIF value must be a positive real number.

• If SYD, DB, DBX, or DBF is selected, the LIF value must be a positive

integer.

Entering Values for M01

The value you enter for the starting month (M01) has two parts:

• The integer portion represents the month in which 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, to specify that the asset will begin to depreciate in the

middle of the first month, enter 1.5. To specify that the asset will begin

to depreciate a quarter of the way through the fourth month, enter 4.25.

Working with YR

• When computing depreciation, the value you enter for the year-tocompute

(YR) variable must be a positive integer.

• If the remaining depreciable value (RDV) variable is displayed, you

can press # to return to the year to compute (YR) variable. To

represent the next depreciation year, press % to increment the

value for YR by one.

• To compute a depreciation schedule, repeatedly return to the year to

compute (YR) variable, press % to increment the value for YR, and

compute values for DEP, RBV, and RDV. The schedule is complete

when RDV equals zero.

Entering Data and Computing Results

Because the Depreciation worksheet stores values and settings until you

either change them or clear the worksheet, you should not have to

perform every step each time you work a problem.

Note: Dates are not changed when you clear a worksheet.

Selecting a Depreciation Method

1. To access the Depreciation worksheet, press & p. The current

depreciation method is displayed.

2. To clear the worksheet, press & z.

3. Press & V until you display the depreciation method you want

(SL, SLF, SYD, DB, DBX, or DBF).

Note: If you select DB or DBX, you must either key in a value or

accept the default of 200.

Entering Depreciation Data

1. To display LIF, press #.

2. Key in a value for LIF and press !.

3. Repeat steps 1 and 2 for M01, DT1 (if SLF), CST, SAL, and YR.

Note: To select SLF or DBF, you must set either the European date or

European separator format first.

Computing Results for DEP, RBV, and RDV

After entering the data, press # once for each of the DEP, RBV, and RDV

variables to display the computed values.

Note: The _indicator confirms that the displayed value is computed.

Generating a Depreciation Schedule

To generate a depreciation schedule and compute values for other years:

1. To display YR, press #.

2. To increment the value by one, press %.

3. To compute new values for DEP, RBV, and RDV, press # for each

variable.

Example: Computing Straight-Line Depreciation

In mid-March, a company begins depreciation of a commercial building

with a 31½ year life and no salvage value. The building cost $1,000,000.

Use the straight-line depreciation method to compute the depreciation

expense, remaining book value, and remaining depreciable value for the

first two years.

To Press Display

Access Depreciation

worksheet.

& p SL

Answer: For the first year, the depreciation amount is $25,132.28, the

remaining book value is $974,867.72, and the remaining depreciable

value is $974,867.72.

For the second year, the depreciation amount is $31,746.03, the

remaining book value is $943,121.69, and the remaining depreciable

value is $943,121.69.

Enter life in years. # 31.5 ! LIF = 31.50

Enter starting month. # 3.5 ! M01 = 3.50

Enter cost. # 1000000 ! CST = 1,000,000.00

Leave salvage value as is. # SAL = 0.00

Leave year as is. # YR = 1.00

Display depreciation

amount, remaining book

value, and remaining

depreciable value.

#

#

#

DEP =

RBV =

RDV =

25,132.28*

974,867.72*

974,867.72*

View second year. #

%

YR =

YR =

1.00

2.00

Display second year

depreciation data.

#

#

#

DEP =

RBV =

RDV =

31,746.03*

943,121.69*

943,121.69*

To Press Display