# AMORLINC

## Content

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

## Syntax

`AMORLINC(cost, datepurchased, firstperiod, salvage,period,drate, basis)`

## Arguments

This function has these arguments:

| Argument | Description |
| -------- | ----------- |
| *cost* | Cost of the asset |
| *datepurchased* | Purchase date of the asset |
| *firstperiod* | End date of the first period |
| *salvage* | Salvage value at the end of the life of the asset |
| *period* | Accounting period |
| *drate* | Rate of depreciation |
| *basis* | [Optional] Integer representing the basis for day count (Refer to [Day Count Basis](/spreadjs/docs/v16/formulareference/formulaoverview/functionsformula/DayCountBasis)) |

## Remarks

This function differs from [AMORDEGRC](/spreadjs/docs/v16/formulareference/FormulaFunctions/financial-functions/AMORDEGRC), which applies a depreciation coefficient in the calculation depending on the life of the assets.

## Data Types

Accepts numeric and DateTime object data. Returns numeric data.

## Examples

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