Explanation of AMORDEGRC and AMORLINC functions

Source: Internet
Author: User
Tags benchmark

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

Contact Us

The content source of this page is from Internet, which doesn't represent Alibaba Cloud's opinion; products and services mentioned on that page don't have any relationship with Alibaba Cloud. If the content of the page makes you feel confusing, please write us an email, we will handle the problem within 5 days after receiving your email.

If you find any instances of plagiarism from the community, please send an email to: info-contact@alibabacloud.com and provide relevant evidence. A staff member will contact you within 5 working days.

A Free Trial That Lets You Build Big!

Start building with 50+ products and up to 12 months usage for Elastic Compute Service

  • Sales Support

    1 on 1 presale consultation

  • After-Sales Support

    24/7 Technical Support 6 Free Tickets per Quarter Faster Response

  • Alibaba Cloud offers highly flexible support services tailored to meet your exact needs.