# Manuals/calci/AMORDEGRC

AMORDEGRC (Cost,PurchaseDate,FirstPeriod,SalvageValue,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
• AMORDEGRC() returns the depreciation for each accounting period by using a 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.
```

AMORDEGRC