<div class="raw-html-embed">The AMORLINC function is one of the <a href="https://helpcenter.onlyoffice.com/onlyoffice-editors/onlyoffice-spreadsheet-editor/UsageInstructions/InsertFunction.aspx#financial" onclick="onhyperlinkclick(this)">financial functions</a>. It is used to calculate the depreciation of an asset for each accounting period using a linear depreciation method.
			<h5 class="pt8">Syntax</h5> 
			AMORLINC(cost, date_purchased, first_period, salvage, period, rate, [basis]) 
 The AMORLINC function has the following arguments:
 <table style="width: 40%">
 <tbody><tr>
 <th style="background-color: #f4f4f4" width="150ch">Argument</th>
 <th style="background-color: #f4f4f4">Description</th>
 </tr>
 <tr>
 <td>cost</td>
 <td>The cost of the asset.</td>
 </tr>
 <tr>
 <td>date_purchased</td>
 <td>The date when asset is purchased.</td>
 </tr>
 <tr>
 <td>first_period</td>
 <td>The date when the first period ends.</td>
 </tr>
 <tr>
 <td>salvage</td>
 <td>The salvage value of the asset at the end of its lifetime.</td>
 </tr>
 <tr>
 <td>period</td>
 <td>The period you wish to calculate depreciation for.</td>
 </tr>
 <tr>
 <td>rate</td>
 <td>The rate of depreciation.</td>
 </tr>
 <tr>
 <td>basis</td>
 <td>The day count basis to use, a numeric value greater than or equal to 0, but less than or equal to 4. It is an optional argument. The possible values are listed in the table below.</td>
 </tr>
 </tbody></table> 
 The basis argument can be one of the following:
 <table style="width: 40%">
 <tbody><tr>
 <th style="background-color: #f4f4f4">Numeric value</th>
 <th style="background-color: #f4f4f4">Count basis</th>
 </tr>
 <tr>
 <td>0</td>
 <td>US (NASD) 30/360</td>
 </tr>
 <tr>
 <td>1</td>
 <td>Actual/actual</td>
 </tr>
 <tr>
 <td>2</td>
 <td>Actual/360</td>
 </tr>
 <tr>
 <td>3</td>
 <td>Actual/365</td>
 </tr>
 <tr>
 <td>4</td>
 <td>European 30/360</td>
 </tr>
 </tbody></table>
 <h5 class="pt8">Notes</h5>
 Dates must be entered by using the <a href="https://helpcenter.onlyoffice.com/onlyoffice-editors/onlyoffice-spreadsheet-editor/Functions/date.aspx" onclick="onhyperlinkclick(this)">DATE</a> function. 
			<a href="https://helpcenter.onlyoffice.com/onlyoffice-editors/onlyoffice-spreadsheet-editor/UsageInstructions/InsertFunction.aspx#applyfunction" onclick="onhyperlinkclick(this)">How to apply</a> the AMORLINC function.			
			<h5 class="pt8">Examples</h5>
 The figure below displays the result returned by the AMORLINC function.
			<img alt="AMORLINC Function" src="https://static-helpcenter.teamlab.info/amorlinc_a5c19393ef.png"></div>

AMORLINC function 

Docs

Argument	Description
*cost*	The cost of the asset.
*date_purchased*	The date when asset is purchased.
*first_period*	The date when the first period ends.
*salvage*	The salvage value of the asset at the end of its lifetime.
*period*	The period you wish to calculate depreciation for.
*rate*	The rate of depreciation.
*basis*	The day count basis to use, a numeric value greater than or equal to 0, but less than or equal to 4. It is an optional argument. The possible values are listed in the table below.

Numeric value	Count basis
0	US (NASD) 30/360
1	Actual/actual
2	Actual/360
3	Actual/365
4	European 30/360

AMORLINC function

Syntax

Notes

Examples

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