Difference between revisions of "Manuals/calci/AMORDEGRC"

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=AMORDEGRC(cost, DP, FP, salvage, period, rate, basis)=
 
=AMORDEGRC(cost, DP, FP, salvage, period, rate, basis)=
  
*where, <math>cost</math> is the cost of the asset
+
*where, <math>cost</math> is cost of the asset
 
*<math>DP</math> is the date of purchase of asset
 
*<math>DP</math> is the date of purchase of asset
 
*<math>FP</math> is the end of first period
 
*<math>FP</math> is the end of first period
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== Description ==
 
== Description ==
  
*The function calculates the decrease in value of asset for the mentioned period considering the depreciation coefficient depending on life of assets. This function is used in French accounting system.
+
*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 <math>DP</math> &gt; <math>FP</math>, Calci displays #N/A error message.
 
*If <math>DP</math> &gt; <math>FP</math>, Calci displays #N/A error message.
 
*If <math>rate</math> is &lt;=0, Calci displays #N/A error message.
 
*If <math>rate</math> is &lt;=0, Calci displays #N/A error message.

Revision as of 07:28, 17 January 2014

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.

See Also

References