Reviewed by Charlene Rhinehart Fact checked by Vikki Velasquez Businesses depreciate long-term assets for both tax and accounting purposes. For tax purposes, businesses can deduct the cost of the ...

Tips This article applies to Microsoft Excel 2007, 2010, and Office 365. View the videos listed in the Resources section for more ideas on using Excel's database functions.

In Excel, the INDEX function returns an item from a specific position (in a list, table, database). The MATCH function returns the position of a value (in a list, table, database).