AMORDEGRC (PQL - xl)
This function returns the depreciation for an accounting period, taking into consideration prorated depreciation, and applies a depreciation coefficient in the calculation based on the life of the assets
- Library: PQL \ Spreadsheet \ Financial
- Compatibility: Any content (regardless of data source) in the Tabulate spreadsheet module
Syntax
AMORDEGRC(cost, date purchased, first period, salvage, period, rate, OPTIONAL basis)
Function Arguments
Name | Description | Type | Optional |
|---|---|---|---|
cost | Cost of the asset | Number |
|
date purchased | Purchase date of the asset | StringOrNumber |
|
first period | End date of the first period | StringOrNumber |
|
salvage | Salvage value at the end of the life of the asset | Number |
|
period | Accounting period | Number |
|
rate | Rate of depreciation | Number |
|
basis | Integer representing the basis for day count | Number | Y |
Comments
This function is the same as the Microsoft Excel 'AMORDEGRC' function - using the same inputs, logic and outputs.