Explanation of AMORDEGRC and AMORLINC functions

Source: Internet
Author: User
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First, Mordegr function

function function: Returns the depreciation value for each fiscal period.

function Syntax:

AMORDEGRC (cost,date_purchased,first_period,salvage,period,rate,basis)

Function arguments:

Cost is the original value of the asset, date_purchased the date of purchase

First_period is the date at the end of the first period

Salvage is the residual value of the asset at the end of its service life

Period is the period

Rate is the depreciation rate

Basis is the year datum used (0 or omitted is 360 days, 1 is the actual number of days, 3 is a year 365 days, 4 is a year 360 days).

If the following data exists:

Data description

2400 Original value of assets

39679 date of purchase of assets

39813 date at the end of the first period

300 residual value of assets

1 period

0.15 Depreciation Rate

1 year benchmark used (see above information)

So, the formula =AMORDEGRC (C39,C40,C41,C42,C43,C44,C45), the result is 776

Second, AmorLinc function

function function: Returns the depreciation value for each fiscal period, which is provided by the French accounting system. If an asset is purchased during an accounting period, it is calculated as a linear depreciation method.

function Syntax:

AMORLINC (cost,date_purchased,first_period,salvage,period,rate,basis)

Parameter introduction:

date_purchased date for purchase of assets

First_period is the date at the end of the first period

Salvage is the residual value of the asset at the end of its service life

Period for Period

Rate is the depreciation rate

Basis is the year datum used (0 or omitted is 360 days, 1 is the actual number of days, 3 is a year 365 days, 4 is one year 360 days).

If the following data exists:

Data description

2400 Original value of assets

9679 date of purchase of assets

39813 date at the end of the first period

300 residual value of assets

1 period

0.15 Depreciation Rate

1 year benchmark used (see above information)

So, the formula =amorlinc (C29,C30,C31,C32,C33,C34,C35), the result is 360

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