This post will guide you how to use **Excel AMORLINC function** with syntax and examples in Microsoft excel.

**Description**

The Excel AMORLINC function returns the linear depreciation of an asset for each accounting period. This function is provided for French accounting system.

The AMORLINC function is a build-in function in Microsoft Excel and it is categorized as a Financial Function.

The AMORLINC function is available in Excel 2016, Excel 2013, Excel 2010, Excel 2007, Excel 2011 for Mac.

**Syntax**

The syntax of the AMORLINC function is as below:

= AMORLINC(cost, date_purchased, first_period, salvage, period, rate, [basis])

**Where** the AMORLINC function arguments are:

**Cost**-This is a required argument. The cost of the asset.**Date_purchased**– This is a required argument. The date that the asset was purchased.**First_period**– This is a required argument. The date of the end of the first period.**Salvage**– This is a required argument. The salvage value at the end of the life of the asset.**Period**– This is a required argument. The period in which to calculate the depreciation.**Rate**– This is a required argument. The rate of depreciation.**Basis**– This is a required argument. The year basis to be used. The following values can be used:

Basis |
Date system |

0 or omitted | 360 days (NASD method) |

1 | Actual |

3 | 365 days in a year |

4 | 360 days in a year (European method) |

**Excel AMORLINC Function Example**

The below examples will show you how to use Excel AMORLINC Function to calculate the linear depreciation of an asset for each accounting period.

**#1 = AMORLINC (B1,B2,B3,B4,B5,B6,B7)**

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- Excel Amordegrc Function

The Excel AMORDEGRC function returns the linear depreciation of an asset for each accounting period by using a depreciation coefficient.The syntax of the AMORDEGRC function is as below:= AMORDEGRC (cost, date_purchased, first_period, salvage, period, rate, [basis])…