Manuals/calci/AMORDEGRC
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AMORDEGRC(cost, DP, FP, salvage, period, rate, basis)
- where, is 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() calculates the depreciation for each accounting period by applying depreciation coefficient.
Description
- The function calculates the decrease in value of asset for a mentioned period considering the depreciation coefficient depending on life of assets. This function is used in French accounting system.
- If > , Calci displays #N/A error message.
- If is <=0, Calci displays #N/A error message.
- If is omitted, Calci assumes it as 0.5 years(6 months).
- 'basis' value is optional. If omitted, Calci assumes it to be 0.
Below table shows the use of 'basis' values:
Basis | Description |
---|---|
0 | 360 days (NASD) |
1 | Actual |
3 | 365 days in a year |
4 | 360 days in a year (European) |
- If 'basis' value is other than 0, 1, 3 or 4, Calci displays #N/A error message.
- The Depreciation coefficients used in calculation are referred as follows:
Life of Assets | Depreciation Coefficient |
---|---|
Between 3 and 4 years | 1.5 |
Between 5 and 6 years | 2 |
More than 6 years | 2.5 |
- If life of assets is other than above mentioned years, Calci displays an error message.
Examples
Consider the following example that shows the use of AMORDEGRC function:
2400 | ||
8/19/2010 | ||
12/31/2014 | ||
350 | ||
2 | ||
25% | ||
1 |
=AMORDEGRC(A1,A2,A3,A4,A5,A6,A7) displays 564 as a result. =AMORDEGRC(3600,DATE(2010,3,4),DATE(2012,3,4),750,1,20%,1) displays 1441 as a result.