Calculating Declining Balance depreciation

In the Declining Balance method, LN calculates each year's total depreciation by applying a constant percentage to the asset's net book value. The declining balance methods allocate the largest portion of an asset's cost to the early years of its useful life. It does not depreciate the asset to its salvage value. You must do it manually.

Note: If the asset for which you are calculating depreciation contains an averaging convention, LN adjusts the depreciation expense for the first half year, quarter, or month calculation.