Difference between revisions of "Documentation/How Tos/Calc: AMORLINC function"
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− | __NOTOC__ | + | {{DISPLAYTITLE: AMORLINC function}} |
+ | {{Documentation/CalcFunc FinancialTOC | ||
+ | |ShowPrevNext=block | ||
+ | |PrevPage=Documentation/How_Tos/Calc:_AMORDEGRC_function | ||
+ | |NextPage=Documentation/How_Tos/Calc:_DB_function | ||
+ | }}__NOTOC__ | ||
== AMORLINC == | == AMORLINC == | ||
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: <tt>'''first_period_end'''</tt>: the end date of the first depreciation period. | : <tt>'''first_period_end'''</tt>: the end date of the first depreciation period. | ||
: <tt>'''salvage'''</tt>: the salvage value at the end of life. | : <tt>'''salvage'''</tt>: the salvage value at the end of life. | ||
− | : <tt>'''period'''</tt>: the period for which to calculate depreciation. 0 is the initial period (from <tt>'''purchase_date'''</tt> to <tt>'''first_period_end'''</tt>. | + | : <tt>'''period'''</tt>: the period for which to calculate depreciation. 0 is the initial period (from <tt>'''purchase_date'''</tt> to <tt>'''first_period_end'''</tt>). |
: <tt>'''rate'''</tt>: the rate of depreciation. | : <tt>'''rate'''</tt>: the rate of depreciation. | ||
: <tt>'''basis'''</tt>: is chosen from a list of options and indicates how the year is to be calculated. Defaults to <tt>'''0'''</tt> if omitted. | : <tt>'''basis'''</tt>: is chosen from a list of options and indicates how the year is to be calculated. Defaults to <tt>'''0'''</tt> if omitted. | ||
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:: 4 - European method, 12 months of 30 days each | :: 4 - European method, 12 months of 30 days each | ||
− | : Calculates the amount of depreciation for a period, using linear depreciation | + | : Calculates the amount of depreciation for a period, using a linear depreciation method, as in French accounting systems. |
− | : The life time | + | : The book life time of the asset is 1/<tt>'''rate'''</tt>, which is an initial fractional period up to the first period end, then a number of full periods, then a fractional period to the end of the asset's life. |
− | : <tt>'''AMORLINC'''</tt> returns <tt>'''0'''</tt> | + | : The depreciation in the initial period 0 (the period (from <tt>'''purchase_date'''</tt> to <tt>'''first_period_end'''</tt>) is calculated proportionately and is given by: |
+ | :: <tt>'''cost'''</tt>*<tt>'''rate'''</tt>*<tt>'''YEARFRAC(purchase_date;first_period_end;basis)'''</tt>. | ||
+ | |||
+ | : The depreciation in subsequent '''whole''' periods is given by: | ||
+ | :: <tt>'''cost'''</tt>*<tt>'''rate'''</tt>. | ||
+ | |||
+ | : In the final (fractional) period of the life time, the depreciation reduces the remaining book value of the asset to <tt>'''salvage'''</tt>; in other words it is: | ||
+ | :: <tt>'''cost'''</tt> - <tt>'''salvage'''</tt> - <tt>'''total_depreciation_charged_so_far'''</tt>. | ||
+ | |||
+ | : <tt>'''AMORLINC'''</tt> returns <tt>'''0'''</tt> after this. | ||
=== Example: === | === Example: === | ||
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: returns <tt>'''100'''</tt>. | : returns <tt>'''100'''</tt>. | ||
− | === | + | === Issues: === |
− | [[Documentation/How_Tos/Calc: AMORDEGRC function| | + | * Calc and Excel calculate differently when the date of purchase is the end of a period. Excel regards the initial period 0 as the first full period. Calc (it is believed correctly) regards the initial period 0 as of zero length, and thus correctly returns zero depreciation. Example: <tt>'''AMORLINC(1000;"2008-12-31";"2008-12-31";100;0;0.25;1)'''</tt> returns <tt>'''0'''</tt> in Calc and <tt>'''250'''</tt> in Excel. In this example, the final fractional period (giving <tt>'''150'''</tt> depreciation) is period 3 in Excel and period 4 in Calc. |
+ | |||
+ | |||
+ | {{SeeAlso|EN| | ||
+ | * [[Documentation/How_Tos/Calc: AMORDEGRC function|AMORDEGRC]] | ||
+ | |||
+ | * [[Documentation/How_Tos/Calc: DB function|DB]] | ||
+ | * [[Documentation/How_Tos/Calc: DDB function|DDB]] | ||
+ | * [[Documentation/How_Tos/Calc: SLN function|SLN]] | ||
+ | * [[Documentation/How_Tos/Calc: SYD function|SYD]] | ||
+ | * [[Documentation/How_Tos/Calc: VDB function|VDB]] | ||
+ | |||
+ | * [[Documentation/How_Tos/Calc: YEARFRAC function|YEARFRAC]] | ||
− | [[Documentation/How_Tos/Calc: | + | * [[Documentation/How_Tos/Calc: Date & Time functions#Financial date systems|Financial date systems]] |
− | + | ||
− | + | ||
− | + | ||
− | + | ||
− | [[Documentation/How_Tos/Calc: | + | * [[Documentation/How_Tos/Calc: Financial functions|Financial functions]] |
− | [[Documentation/How_Tos/Calc: | + | * [[Documentation/How_Tos/Calc: Functions listed alphabetically|Functions listed alphabetically]] |
+ | * [[Documentation/How_Tos/Calc: Functions listed by category|Functions listed by category]]}} | ||
+ | [[Category: Documentation/Reference/Calc/Financial functions]] |
Latest revision as of 15:05, 30 January 2024
- Financial FunctionsDepreciation
- AMORDEGRCAMORLINCDBDDBSLNSYDVDBPayment Streams, Annuities, Loans
- CUMIPMTCUMIPMT_ADDCUMPRINCCUMPRINC ADDFVFVSCHEDULEIPMTIRRISPMTMIRRNPERNPVPMTPPMTPVRATERRIXIRRXNPVSecurities
-