{"id":1825,"date":"2018-07-04T17:56:25","date_gmt":"2018-07-04T17:56:25","guid":{"rendered":"http:\/\/officetuts.net\/excel\/?p=1825"},"modified":"2023-11-02T18:34:37","modified_gmt":"2023-11-02T18:34:37","slug":"amordegrc","status":"publish","type":"post","link":"https:\/\/officetuts.net\/excel\/functions\/amordegrc\/","title":{"rendered":"AMORDEGRC function"},"content":{"rendered":"\n<p>AMORDEGRC is an Excel function that is used to calculate the depreciation of an asset for a specific accounting period using the French accounting method. It is commonly used for financial analysis and reporting purposes.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Syntax<\/h2>\n\n\n\n<p><strong>AMORDEGRC(cost, date_purchased, first_period, salvage, period, rate, [basis])<\/strong><\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Arguments<\/h2>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\"><table><tbody><tr><td><b>cost:<\/b><\/td><td>The initial cost of the asset.<\/td><\/tr><tr><td><b>date_purchased:<\/b><\/td><td>The date when the asset was purchased.<\/td><\/tr><tr><td><b>first_period:<\/b><\/td><td>The first period for which you want to calculate depreciation.<\/td><\/tr><tr><td><b>salvage:<\/b><\/td><td>The estimated salvage value of the asset at the end of its useful life.<\/td><\/tr><tr><td><b>period:<\/b><\/td><td>The accounting period for which you want to calculate depreciation.<\/td><\/tr><tr><td><b>rate:<\/b><\/td><td>The depreciation rate for the asset.<\/td><\/tr><tr><td><b>[basis]:<\/b><\/td><td>(Optional) The basis to use for calculating depreciation. If omitted, it defaults to 0.<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\">How to Use<\/h2>\n\n\n\n<p>To use the AMORDEGRC function, follow these steps:<\/p>\n\n\n\n<ol>\n<li>Enter the cost of the asset in the <code>cost<\/code> argument.<\/li>\n\n\n\n<li>Enter the date when the asset was purchased in the <code>date_purchased<\/code> argument.<\/li>\n\n\n\n<li>Specify the first accounting period for which you want to calculate depreciation in the <code>first_period<\/code> argument.<\/li>\n\n\n\n<li>Enter the estimated salvage value of the asset in the <code>salvage<\/code> argument.<\/li>\n\n\n\n<li>Specify the accounting period you want to calculate depreciation for in the <code>period<\/code> argument.<\/li>\n\n\n\n<li>Enter the depreciation rate in the <code>rate<\/code> argument.<\/li>\n\n\n\n<li>(Optional) If you want to specify a different basis for depreciation, enter it in the <code>basis<\/code> argument.<\/li>\n\n\n\n<li>The AMORDEGRC function will return the depreciation amount for the specified period.<\/li>\n<\/ol>\n\n\n\n<p>Here&#8217;s an example of how to use the AMORDEGRC function:<\/p>\n\n\n\n<pre class=\"wp-block-code\"><code>=AMORDEGRC(10000, \"1\/1\/2023\", 1, 2000, 3, 0.2, 1)<\/code><\/pre>\n\n\n\n<p>This formula calculates the depreciation for an asset with an initial cost of $10,000, purchased on January 1, 2023, using the French accounting method. The first period is 1, the salvage value is $2,000, the depreciation rate is 20%, and the basis is 1 (indicating the French accounting method). It will return the depreciation amount for the third accounting period.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Additional Information<\/h2>\n\n\n\n<p>If you need more information about specific terms or concepts used in this function, you can refer to a financial accounting glossary or an Excel documentation resource for clarification.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>AMORDEGRC is an Excel function that is used to calculate the depreciation of an asset for a specific accounting period using the French&#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[25],"tags":[180],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>AMORDEGRC function<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, 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