# AMORLINC

## Content

This function calculates the depreciation for an accounting period, taking into account prorated depreciation.

## Syntax

`AMORLINC(cost, datepurchased, firstperiod, salvage, period, rate, [basis])`

## Arguments

This function has these arguments:

| Argument | Description |
| -------- | ----------- |
| *cost* | [Required] Cost of the asset |
| *datepurchased* | [Required] Purchase date of the asset |
| *firstperiod* | [Required] End date of the first period |
| *salvage* | [Required] Salvage value at the end of the life of the asset |
| *period* | [Required] Accounting period |
| *rate* | [Required] Rate of depreciation |
| *basis* | [Optional] Integer representing the basis for day count |

## Remarks

This function differs from AMORDEGRC, which applies a depreciation coefficient in the calculation depending on the life of the assets.

## Examples

`AMORLINC(B1,B2,B3,B4,B5,B6,B7)`