The AMORDEGRC function in Microsoft Excel is a financial function designed to calculate the depreciation of an asset for each accounting period using a depreciation coefficient. Unlike the AMORLINC function, AMORDEGRC applies a depreciation coefficient based on the life of the asset. This function is particularly tailored for the French accounting system, where it is…
Tag: asset
Excel Function – AMORLINC
The AMORLINC function in Microsoft Excel is a specialized financial function designed to calculate the linear depreciation of an asset for each accounting period. It is similar to AMORDEGRC function, but is linearly calculated, while the later is calculated using depreciation coefficient based on the life of the asset. This function is particularly tailored for…