Inputting a length of time?
Hi
I should have said hold down the right mouse button as you drag, then on
release of button choose Fill months.
Secondly, it looks as though you have cell E2 formatted as Date, it
should be Number, with as many places as your require.
What you should then see, assuming you have 31/12/07 in E1, is
0,0,0,0,0,166.7,166.7,166.7 etc.
in cells E2:L2
If you are still having difficulty, let me have your email address and I
will send you a sheet already set up.
--
Regards
Roger Govier
"Link" wrote in message
...
Hi Roger
I tried what you said. Firstly I couldn't find the option to choose
Fill Months upon releasing my mouse button after dragging. Then I got
these results:
Asset Name Purchase Date Asset Value Number of Months to
depreciate End of Starting Month
StudyStation Jun-07 $10,000 60 Jan-00
Changing the number of months to depreciate, has no affect on the
date. I'm just not sure what is supposed to be going on there.
I need to find the ending date of the depreciation, but I also need a
column to show the monthly amount and it should return to zero after
the depreciation time.
Would you be kind enough to expand further, please. I really
appreciate it.
Cheers,
Link.
"Roger Govier" wrote in message
...
Hi
Assuming you set out your schedule as follows
A Asset Name
B Purchase Date
C Asset Value
D Number of Months to Depreciate
E End of starting month e.g 31 Jan 2006
Format cell E, Format CellsNumberCustom mmm yy so it displays as
Jan 06
Drag cell E1 across the screen, holding down the fill handle, on
releasing the mouse button, choose Fill Months
Now in cell E2 enter
=IF($A2="","",IF(AND(E$1=$B2,E$1<=DATE(YEAR($B2), MONTH($B2)+$D2,DAY($B2))),$C2/$D2,0))
and copy across, and down
If you have the Analysis Toolpak loaded, ToolsAddinscheck Analysis
Toolpak, then you could use the shorter formula
=IF($A2="","",IF(AND(E$1=$B2,E$1<=EOMONTH($B2,$D2-1)),$C2/$D2,0))
--
Regards
Roger Govier
"Link" wrote in message
...
Hi
I am trying to calculate depreciation in my Excel spreadsheet. The
depreciation is over 60 months, so for a $6,000 item, the formula is
=$6,000/60 = $100
The problem I am encountering is making that calculation stop after
60 months. So in month 61, the cell reads $0, instead of $100. Is
there anyway in Excel to 'time limit' the effectiveness of a cell's
formula?
To make it even more complicated, I will have ongoing items for
depreciation, so I will need to add new items to the formula, while
simultaneously letting existing items expire, as above.
It's pretty hard to explain, so I imagine it will be pretty hard to
solve, but I would certainly appreciate any advice.
Cheers,
Link.
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