Amortization
in package
Table of Contents
Methods
- AMORDEGRC() : float|string
- AMORDEGRC.
- AMORLINC() : float|string
- AMORLINC.
- getAmortizationCoefficient() : float
Methods
AMORDEGRC()
AMORDEGRC.
public
static AMORDEGRC(mixed $cost, mixed $purchased, mixed $firstPeriod, mixed $salvage, mixed $period, mixed $rate[, mixed $basis = FinancialConstants::BASIS_DAYS_PER_YEAR_NASD ]) : float|string
Returns the depreciation for each accounting period. This function is provided for the French accounting system. If an asset is purchased in the middle of the accounting period, the prorated depreciation is taken into account. The function is similar to AMORLINC, except that a depreciation coefficient is applied in the calculation depending on the life of the assets. This function will return the depreciation until the last period of the life of the assets or until the cumulated value of depreciation is greater than the cost of the assets minus the salvage value.
Excel Function: AMORDEGRC(cost,purchased,firstPeriod,salvage,period,rate[,basis])
Parameters
- $cost : mixed
-
The float cost of the asset
- $purchased : mixed
-
Date of the purchase of the asset
- $firstPeriod : mixed
-
Date of the end of the first period
- $salvage : mixed
-
The salvage value at the end of the life of the asset
- $period : mixed
-
the period (float)
- $rate : mixed
-
rate of depreciation (float)
- $basis : mixed = FinancialConstants::BASIS_DAYS_PER_YEAR_NASD
-
The type of day count to use (int). 0 or omitted US (NASD) 30/360 1 Actual/actual 2 Actual/360 3 Actual/365 4 European 30/360
Return values
float|string —(string containing the error type if there is an error)
AMORLINC()
AMORLINC.
public
static AMORLINC(mixed $cost, mixed $purchased, mixed $firstPeriod, mixed $salvage, mixed $period, mixed $rate[, mixed $basis = FinancialConstants::BASIS_DAYS_PER_YEAR_NASD ]) : float|string
Returns the depreciation for each accounting period. This function is provided for the French accounting system. If an asset is purchased in the middle of the accounting period, the prorated depreciation is taken into account.
Excel Function: AMORLINC(cost,purchased,firstPeriod,salvage,period,rate[,basis])
Parameters
- $cost : mixed
-
The cost of the asset as a float
- $purchased : mixed
-
Date of the purchase of the asset
- $firstPeriod : mixed
-
Date of the end of the first period
- $salvage : mixed
-
The salvage value at the end of the life of the asset
- $period : mixed
-
The period as a float
- $rate : mixed
-
Rate of depreciation as float
- $basis : mixed = FinancialConstants::BASIS_DAYS_PER_YEAR_NASD
-
Integer indicating the type of day count to use. 0 or omitted US (NASD) 30/360 1 Actual/actual 2 Actual/360 3 Actual/365 4 European 30/360
Return values
float|string —(string containing the error type if there is an error)
getAmortizationCoefficient()
private
static getAmortizationCoefficient(float $rate) : float
Parameters
- $rate : float