Difference between revisions of "Manuals/calci/AMORLINC"

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*<math>Rate</math> is the rate of depreciation
 
*<math>Rate</math> is the rate of depreciation
 
*<math>Basis</math> is the year basis to be used
 
*<math>Basis</math> is the year basis to be used
 
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**AMORLINC(), returns the depreciation for each accounting period.
AMORLINC(), returns the depreciation for each accounting period.
 
  
 
== Description ==
 
== Description ==
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==Related Videos==
 
==Related Videos==
  
{{#ev:youtube|1JN8jL5haZY|280|center|AMORLINC}}
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{{#ev:youtube|v=DQfl_5hkeYo|280|center|AMORLINC}}
  
 
== See Also ==
 
== See Also ==

Latest revision as of 15:22, 15 November 2018

AMORLINC (Cost,DatePurchased,FirstPeriod,Salvage,Period,Rate,Basis)


  • where, is the cost of the asset
  • is the date of purchase of asset
  • is the end of first period
  • is the salvage value at the end of life of asset
  • is the accounting period
  • is the rate of depreciation
  • is the year basis to be used
    • AMORLINC(), returns the depreciation for each accounting period.

Description

  • The function calculates the decrease in value of asset for the mentioned period.
  • If > , Calci displays #N/A error message.
  • also called as 'residual value' is the remaining value of an asset after it has been fully depreciated.
  • If is <=0, Calci displays #N/A error message.
  • If is omitted, Calci assumes it as 0.5 years(6 months).
  • value is optional. If omitted, Calci assumes it to be 0.

Below table shows the use of values:

Basis Description
0 360 days (NASD)
1 Actual
3 365 days in a year
4 360 days in a year (European)
  • If value is other than 0, 1, 3 or 4, Calci displays #N/A error message.

Examples

Consider the following example that shows the use of AMORLINC function:

3200
8/19/2010
12/31/2010
250
1
18%
1
=AMORLINC(A1,A2,A3,A4,A5,A6,A7) displays 576 as a result.

Related Videos

AMORLINC

See Also

References