• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar

How To Use: AMORLINC Function

How To Use: AMORLINC Function

AMORLINC function returns the depreciation of an asset on a prorated basis for each accounting period. In other words, it calculates the prorated linear depreciation of an asset for a given accounting period.

The AMORLINC function is an inbuilt function in Excel and found under the category of Financial Function.

It is both a worksheet function (WS) and a VBA function (VBA) in Excel. You can enter this function as part of a formula in a cell of a worksheet.

Thus, you can use AMORLINC to calculate depreciation for each accounting period.

This function is provided for the French accounting system but general depreciation can also be derived by any accounting system by changing the basis.

According to the accounting rule, an asset is purchased in the middle of the accounting period, the prorated depreciation is taken into account.

Syntax for AMORLINC Function

=AMORLINC(cost, date_purchased, first_period, salvage, period, rate, [basis])

Arguments

Cost: The cost of the asset.
Date_purchased: The date that the asset was purchased.
First_period: The date of the end of the first period.
Salvage: The salvage value after the asset has been fully depreciated.
Period: The period in which to calculate the linear depreciation.
Rate: The rate of depreciation.
Basis: It is the type of year basis to use when calculating the depreciation. This argument is optional. If this parameter is omitted, it assumes that the basis is set to 0. It can be any of the following values

0 or omitted = 360 days (NASD method)

1 = Actual

3 = 365 days in a year

4 = 360 days in a year (European method)

I have created the infographics for the AMORLINC Function. With the help of these infographics, you can easily learn step by step process for using this excel functions.

Furthermore, Excel consists of many inbuilt functions which are helpful in the analytical and statistical study of number.

Simply follow the instructions in the infographics below:

AMORLINC Function

Errors in AMORLINC Function

If the date_purchased is > first_period, AMORLINC returns #NUM! error value.

If salvage > cost, AMORLINC returns #NUM! error value.

If Invalid numbers are supplied for the salvage, period, rate or [basis] arguments then AMORLINC returns #NUM! error value. (i.e. if either: salvage < 0, period < 0, rate ≤ 0, or [basis] is any number other than 0, 1, 2, 3 or 4).

If date_purchased or first_period are not valid Excel dates, AMORLINC returns #VALUE! error value.

If any of the specified arguments is non-numeric, AMORLINC returns #VALUE! error value.

This function is applicable in Excel 2007 and above.

To learn other function like MID, QUOTIENT and KURT Functions, please click on the name of the function.

Additionally, you can download other accounting templates like Break Even Analysis Template, Salary Sheet Template and Invoice with GST Template from here.

We thank our readers for liking, sharing and following us on different social media platforms.

If you have any queries please share in the comment section below. I will be more than happy to assist you.

Filed Under: Basic Excel Functions

You are Here: Home / Basic Excel Functions / How To Use: AMORLINC Function

About Shabbir Bhimani

I have worked in Excel and like to share functional excel templates at ExcelDataPro.

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

ExcelDataPro

Free Excel Pro Templates

  • Glossary
    • Accounting Glossary
    • HR & Payroll Glossary
    • Tax Glossary
  • Templates
    • Accounting
      • Financial Analysis
      • Financial Statement
    • Educational
    • Taxation
      • Federal Income Tax
      • GST
      • UAE VAT
      • UK VAT
    • Human Resources
      • HR & Payroll
      • HR Metrics
    • School Management
    • Social Media
    • Sales-Marketing
    • Personal Finance
    • Other
      • Health & Fitness
  • Functions
  • Calculators
  • Home
  • Contact
  • Privacy
  • Terms

© ExcelDataPro 2025. Content Licensed Under Creative Commons with Attribution Required

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Cookie settingsACCEPT
Privacy & Cookies Policy

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may have an effect on your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Non-necessary
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.
SAVE & ACCEPT