Accounting family

Accounting And Tax category Home 

Functions used in Accounting and Tax.

ComponentWhat the name means
Depreciate Depreciate
DepreciatedValue Calculate the Depreciated Value
DepPoolWIP Operate a Depreciation Pool using the WIP method
DepPoolRatio Operate a Depreciation Pool using the Ratio method
DepPool Operate a Depreciation Pool using either the WIP or the Ratio method
DepreciatePer Depreciate Periodic
DepreciateGrowPer Depreciate Periodic
DepreciateFcstPer Depreciate Periodic
DepreciateIdxPer Depreciate Periodic
LIFOPrice Calculate the average price of a stock movement using LIFO (last in first out)
LIFOCalc array functionDoes a full LIFO calculation to output all the columns of results

There are two types of depreciation function in this family:

  • Basic depreciation functionality is provided by Depreciate and DepreciatedValue. This pair of functions calculates the depreciation for an asset that has a single date at which depreciation starts, and you know the value of the asset to be depreciated. All the comon types of depreciation method are catered for.
  • Depreciation Pooling, using a WIP account that is capitalised and depreciated possibly in stages, is provided by DepPool, DepPoolRatio, and DepPoolWIP.