WorksheetFunction.AmorLinc Method
Definition
Important
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Returns the depreciation for each accounting period. This function is provided for the French accounting system.
public double AmorLinc (object Arg1, object Arg2, object Arg3, object Arg4, object Arg5, object Arg6, object Arg7);Public Function AmorLinc (Arg1 As Object, Arg2 As Object, Arg3 As Object, Arg4 As Object, Arg5 As Object, Arg6 As Object, Optional Arg7 As Object) As DoubleParameters
- Arg1
- Object
The cost of the asset.
- Arg2
- Object
The date of the purchase of the asset.
- Arg3
- Object
The date of the end of the first period.
- Arg4
- Object
The salvage value at the end of the life of the asset.
- Arg5
- Object
The period.
- Arg6
- Object
The rate of depreciation.
- Arg7
- Object
The year basis to be used.
Returns
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.
| 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.