AMORDEGRC
Returns the prorated linear depreciation of an asset for each accounting period.
Syntax
expression.AMORDEGRC(arg1, arg2, arg3, arg4, arg5, arg6, arg7);
expression - A variable that represents a ApiWorksheetFunction class.
Parameters
| Name | Required/Optional | Data type | Default | Description |
|---|---|---|---|---|
| arg1 | Required | ApiRange | ApiName | number | The cost of the asset. | |
| arg2 | Required | ApiRange | ApiName | number | The date when asset is purchased. | |
| arg3 | Required | ApiRange | ApiName | number | The date when the first period ends. | |
| arg4 | Required | ApiRange | ApiName | number | The salvage value of the asset at the end of its lifetime. | |
| arg5 | Required | ApiRange | ApiName | number | The period for which the depreciation will be calculated. | |
| arg6 | Required | ApiRange | ApiName | number | The rate of depreciation. | |
| arg7 | Optional | ApiRange | ApiName | number | The day count basis to use: 0 or omitted - US (NASD) 30/360; 1 - Actual/actual; 2 - Actual/360; 3 - Actual/365; 4 - European 30/360. |
Returns
number
Example
Calculate asset depreciation using the degressive method for accounting periods in a spreadsheet.
// Determine asset value loss with the AMORDEGRC function in a spreadsheet.
// Record the depreciation amount in a cell for financial tracking in a spreadsheet.
let worksheet = Api.GetActiveSheet();
let func = Api.WorksheetFunction;
worksheet.GetRange("A1").SetValue(func.AMORDEGRC(3500, "1/1/2018", "3/1/2018", 500, 1, 0.25, 1));