Syntax. AMORDEGRC(Cost,Date,First_Period,Residual_Value,Period,Rate,Basis)
Definition. This function calculates the depreciation amount for assets depending on the desired period based on the French accounting system. The calculated amount is rounded to an integer.
Arguments
Cost (required) The purchase cost (net purchase price plus incidental purchase expenses minus reduction of purchase cost) of an asset. If you don’t use a number, the error #VALUE! is displayed. If the entered number is negative, the error #NUMBER! is displayed.
Date_Purchased (required) The purchase date of the asset; in other words, the beginning of the depreciation.
First_Period (required) Refers to the date at the end of the first period in the depreciation period. ...
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