Manuals/calci/AMORDEGRC

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 AMORDEGRC(C, DP, FP, salvage, P, R, basis)

Where 'C' is the cost of the asset, 'DP' is the date of the purchase of the asset, 'FP' is the date of the end of the first period, 'Salvage' is the salvage value, 'P' is the period, 'R' is the rate of depreciation and 'basis' is the year basis to be used.


 This function identifies the depreciation for each accounting period.

 
  • This function will return the depreciation until the last period of the life of the assets or until the cumulated value of depreciation is greater than the cost of the assets minus the salvage value. The depreciation coefficients are:

Life of assets

Depreciation coefficient

Between 3 and 4 years

1.5

Between 5 and 6 years

2

More than 6 years

2.5




AMORDEGRC


Lets see an example,

AMORDEGRC(C, DP, FP, salvage, P, R, basis)

B

2400

8/19/2010

12/31/2010

350

2

25%

1

=AMORDEGRC(B2,B3,B4,B5,B6,B7,B8) is 484.5


Syntax

Remarks

Examples

Description

Column1 Column2 Column3 Column4
Row1 2400
Row2 8/19/2010
Row3 12/31/2010 484.5
Row4 350
Row5 2
Row6 25%
Row7 1