{"id":31,"date":"2025-07-15T13:34:46","date_gmt":"2025-07-15T13:34:46","guid":{"rendered":"https:\/\/functiontranslator.com\/2021\/02\/12\/amorlinc\/"},"modified":"2021-02-13T11:32:35","modified_gmt":"2021-02-13T11:32:35","slug":"amorlinc","status":"publish","type":"post","link":"https:\/\/functiontranslator.com\/en\/amorlinc\/","title":{"rendered":"AMORLINC"},"content":{"rendered":"

Welcome to our comprehensive guide on the AMORLINC function in Excel and Google Sheets. This function is specifically designed to calculate the linear depreciation of an asset for a particular accounting period, utilizing the straight-line method. In this guide, we will explore the workings of this function and demonstrate how it can be effectively used in your spreadsheets.<\/p>\n

Syntax<\/h2>\n

The syntax for the AMORLINC function is consistent across both Excel and Google Sheets:<\/p>\n

=AMORLINC(cost, date_purchased, first_period, salvage, period, rate, basis)<\/code><\/pre>\n
    \n
  • cost:<\/strong> The initial cost of the asset.<\/li>\n
  • date_purchased:<\/strong> The purchase date of the asset.<\/li>\n
  • first_period:<\/strong> The date of the first period for which depreciation is calculated.<\/li>\n
  • salvage:<\/strong> The salvage value of the asset at the end of its useful life.<\/li>\n
  • period:<\/strong> The specific period for which depreciation is calculated.<\/li>\n
  • rate:<\/strong> The depreciation rate.<\/li>\n
  • basis:<\/strong> The convention used for counting days.<\/li>\n<\/ul>\n
    Examples<\/h2>\n
    Let\u2019s examine a practical example to see how the AMORLINC function is applied:<\/p>\n\n\n\n
    Cost<\/th>\nDate Purchased<\/th>\nFirst Period<\/th>\nSalvage<\/th>\nPeriod<\/th>\nRate<\/th>\nBasis<\/th>\nDepreciation for the Period<\/th>\n<\/tr>\n
    1000<\/td>\n01\/01\/2021<\/td>\n01\/01\/2021<\/td>\n100<\/td>\n6<\/td>\n0.1<\/td>\n0<\/td>\n=AMORLINC(A2, B2, C2, D2, E2, F2, G2)<\/td>\n<\/tr>\n<\/table>\n
    In this illustration, the AMORLINC function calculates depreciation for an asset initially costing $1000, acquired on 01\/01\/2021, with a salvage value of $100. Depreciation is to be assessed for the 6th period, applying a depreciation rate of 10%, and using a day count basis of 0.<\/p>\n
    The output will be the depreciation value for the designated period based on the given parameters.<\/p>\n
    With this knowledge, you can now seamlessly integrate the AMORLINC function into your Excel or Google Sheets spreadsheets to efficiently calculate the linear depreciation of assets.<\/p>\n","protected":false},"excerpt":{"rendered":"
    Returns the depreciation for each accounting period<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[199],"tags":[],"class_list":["post-31","post","type-post","status-publish","format-standard","hentry","category-financial"],"acf":[],"yoast_head":"\nExcel AMORLINC Function \u2013 How It Works, Formula Examples and Syntax<\/title>\n<meta name=\"description\" content=\"Learn what the Excel AMORLINC function does. 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