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WorksheetFunction.AmorLinc Method (Excel)

Returns the depreciation for each accounting period. This function is provided for the French accounting system.

Syntax

expression .AmorLinc(Arg1, Arg2, Arg3, Arg4, Arg5, Arg6, Arg7)

expression A variable that represents a WorksheetFunction object.

Parameters

Name

Required/Optional

Data Type

Description

Arg1

Required

Variant

The cost of the asset.

Arg2

Required

Variant

The date of the purchase of the asset.

Arg3

Required

Variant

The date of the end of the first period.

Arg4

Required

Variant

The salvage value at the end of the life of the asset.

Arg5

Required

Variant

The period.

Arg6

Required

Variant

The rate of depreciation.

Arg7

Optional

Variant

The year basis to be used.

Return Value

Double

Remarks

If an asset is purchased in the middle of the accounting period, the prorated depreciation is taken into account.

The following table describes values used for Arg7.

Basis

Date system

0 or omitted

360 days (NASD method)

1

Actual

3

365 days in a year

4

360 days in a year (European method)

Important

Dates should be entered by using the DATE function, or as results of other formulas or functions. For example, use DATE(2008,5,23) for the 23rd day of May, 2008. Problems can occur if dates are entered as text.

Microsoft Excel stores dates as sequential serial numbers so they can be used in calculations. By default, January 1, 1900 is serial number 1, and January 1, 2008 is serial number 39448 because it is 39,448 days after January 1, 1900. Microsoft Excel for the Macintosh uses a different date system as its default.

Note

Visual Basic for Applications (VBA) calculates serial dates differently than Excel. In VBA, serial number 1 is December 31, 1899, rather than January 1, 1900.

See Also

Concepts

WorksheetFunction Object

WorksheetFunction Object Members