Depreciation Calculator

1. Display the Income & Expenses window as outlined in About Income and Expenses.

2. Click the Functions button located on the Income & Expenses toolbar. From the Functions pulldown menu choose Calculator. From the Calculator pulldown list choose Depreciation. The Depreciation Calculator dialog box is displayed.

3. Click Yes for the Double Declining Balance (DDB) depreciation. Click No for the Straight Line Method (SLM) depreciation.

4. Enter the initial cost of the item and click OK.

5. Enter the item's value at the end of its life and click OK.

6. Enter the life expectancy of the item (in months) and click OK.

7. Enter the year to calculate the depreciation for the item and click OK. (For example, 1 for first year, 2 for second year.)

8. The depreciation amount is displayed.

9. Click OK.