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WorksheetFunction.AmorLinc Method

Office 2007
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

NameRequired/OptionalData TypeDescription
Arg1RequiredVariantThe cost of the asset.
Arg2RequiredVariantThe date of the purchase of the asset.
Arg3RequiredVariantThe date of the end of the first period.
Arg4RequiredVariantThe salvage value at the end of the life of the asset.
Arg5RequiredVariantThe period.
Arg6RequiredVariantThe rate of depreciation.
Arg7OptionalVariantThe 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.
BasisDate system
0 or omitted360 days (NASD method)
1Actual
3365 days in a year
4360 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.




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