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How to use the AMORLINC Function in Google Sheets

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发布日期: 2024年3月15日

Returns the depreciation for an accounting period, or the prorated depreciation if the asset was purchased in the middle of a period.

The AMORLINC function in Google Sheets calculates the linear depreciation of an asset for each accounting period, based on the French accounting system. This function is crucial for businesses and finance professionals who need to compute depreciation expenses for their assets over time accurately.

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Benefits of Using the AMORLINC Function

Accurate Depreciation Calculations: Ensures precise computation of depreciation expenses, adhering to specific accounting standards.
Financial Reporting and Tax Compliance: Aids in preparing financial statements and tax filings by providing accurate depreciation values.
Cash Flow Planning: Helps businesses plan future cash flows by understanding the depreciation expenses that will impact their financial statements.
Asset Management: Enables effective management of assets by tracking their depreciated value over time.

Step-by-Step Guide

Step 1: Understanding the Syntax

AMORLINC(cost, purchase_date, first_period_end, salvage, period, rate, [basis])cost: The initial cost of the asset.purchase_date: The date of the asset's purchase.first_period_end: The end date of the first period.salvage: The salvage value of the asset at the end of its life.period: The period for which to calculate the depreciation.rate: The rate of depreciation per period.basis (optional): The day count basis to use.

Step 2: Preparing Your Data

Organize your spreadsheet to include the asset's cost, purchase date, salvage value, depreciation rate, and the dates defining the accounting periods.

Step 3: Applying the AMORLINC Function

Select the Output Cell: Click on the cell where you want the depreciation amount for a specific period to appear.
Input the Function: Enter =AMORLINC(, followed by the parameters as per your data setup.

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Example

Imagine a company purchases equipment for $5,000 on January 1, 2021. The equipment has a salvage value of $500, a useful life of 5 years, and the company uses a depreciation rate of 20% per year.

Data Setup:Cost ($5,000) in cell A1Purchase Date (01/01/2021) in cell A2Salvage Value ($500) in cell A3Depreciation Rate (20%) in cell A4First Period End (12/31/2021) in cell A5Calculation for Period 1
Objective: Calculate the depreciation for the first year using AMORLINC.
Implementation:In cell A6, input the target period number (1 for the first year).In cell A7, input the formula: =AMORLINC(A1, A2, A5, A3, A6, A4).Press 'Enter' to see the depreciation amount for the first year in cell A7.

Advanced Tips

Dynamic Period Calculations: Use other functions like DATE and DATEDIF to dynamically calculate the first_period_end and period parameters based on your dataset.
Automating Multiple Periods: Expand the depreciation calculation across multiple periods by dragging the formula down and adjusting the period parameter accordingly.
Visualizing Depreciation: Create charts to visualize the depreciation of assets over time, enhancing financial analysis and reporting.
Combining with Financial Models: Integrate AMORLINC in broader financial models to assess the impact of depreciation on profitability and cash flow.