Learn how to create a fixed formula using the FIXED function, which is a Text function, in Microsoft Excel. There are 3 ways.

Understanding Fixed Asset Depreciation. ... machine with a useful life of five years for $5,000 and the salvage value is $500. To calculate the depreciation value, Excel has built-in functions.

How to calculate depreciation for fixed assets with the straight-line method, the sum of the years’ digits method, and others, using Microsoft Excel ...