Version

UltraCalcFunctionSLN Class

Calculates what the straight-line depreciation of an asset should be per period.
Syntax
'Declaration
 
Public Class UltraCalcFunctionSLN 
   Inherits BuiltInFunctionBase
public class UltraCalcFunctionSLN : BuiltInFunctionBase 
Remarks

SLN(assetCost, salvageValue, lifespan)

AssetCost is the initial value of the asset when it was purchased new. This numeric value needs to be greater than the salvageValue (otherwise the asset would be appreciating in value).

SalvageValue is the market price you can get for an asset at the end of it's useful life (lifespan periods). In some situations, this may represent the value of the asset's spare parts.

Lifespan is the useful life of the asset being depreciated measured in fixed-length time periods (usually years). The appropriate lifespan to use may vary with the kind of asset being depreciated.

Straight-line depreciation expresses an asset's depreciation at a constant rate per period. The asset is assumed to lose useful value no faster in the first period depreciation is calculated than in the last period. An accountant can advise you as to which assets the straight-line depreciation calculation method is suitable.

Requirements

Target Platforms: Windows 10, Windows 8.1, Windows 8, Windows 7, Windows Vista SP1 or later, Windows XP SP3, Windows Server 2008 (Server Core not supported), Windows Server 2008 R2 (Server Core supported with SP1 or later), Windows Server 2003 SP2

See Also