AMORLINC function
Returns the depreciation for each accounting period
Syntax
AMORLINC(cost, date_purchased, first_period, salvage, period, rate, [basis])Square brackets indicate optional arguments.
Arguments
| Argument | Required | Meaning |
|---|---|---|
| cost | Yes | The cost of the asset.2400 |
| date_purchased | Yes | The date of the purchase of the asset."2008-8-19" |
| first_period | Yes | The date of the end of the first period."2008-12-31" |
| salvage | Yes | The salvage value at the end of the life of the asset.300 |
| period | Yes | The period.1 |
| rate | Yes | The rate of depreciation.15% |
| basis | No | The year basis to be used.0 |
Try AMORLINC
Read a full-period straight-line depreciation calculation
=AMORLINC(A2,B2,C2,D2,1,E2,0)The first period spans one complete US 30/360 year. At 20%, each full period initially depreciates 1200*20%=240; period 1 is the next full period after period 0. Salvage limits the total depreciable amount to 1000. This function models a specific accounting convention; it does not establish which rule applies to a business.
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AMORLINC · top-level call
=AMORLINC(A2,B2,C2,D2,1,E2,0)Follow the cells behind a result
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Reference and compatibility
Univer 1.0.4 / Apache-2.0. Calculation checks cover the supplied examples only. The browser worksheet does not implement every Excel feature, external service or connected data type.