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