## Excel Function : AMORLINC

###### Category

Financial

###### Description

Returns the depreciation for each accounting period

###### Microsoft Excel Reference Page

https://support.office.com/en-us/article/AMORLINC-function-7d417b45-f7f5-4dba-a0a5-3451a81079a8

## Syntax and Description of the AMORLINC Excel Function

? The syntax for the AMORLINC function in Microsoft Excel is: AMORLINC(cost, date_purchased, salvage, life, period, [month]) Where: cost - The cost of the asset. date_purchased - The date the asset was purchased. salvage - The salvage value of the asset. life - The number of periods over which the asset is being depreciated. period - The period for which you want to calculate the depreciation. month - [Optional] The number of the month in which the asset was placed in service. If omitted, it is assumed to be the first month of the

## About AMORLINC Excel Function

The AMORLINC function returns the linear depreciation of an asset for each accounting period. The syntax for the AMORLINC function is: AMORLINC(cost, salvage, life, period, [month]) Where: cost - The initial cost of the asset. salvage - The value of the asset at the end of its life. life - The number of periods over which the asset is being depreciated. period - The period for which you want to calculate the linear depreciation. month - The number of months in the first year. If omitted, it is assumed to be 12.