SYD

Returns the sum-of-years' digits depreciation of an asset for a specified period.

Syntax

SYD(cost,salvage,life,per)

Cost    is the initial cost of the asset.

Salvage    is the value at the end of the depreciation (sometimes called the salvage value of the asset).

Life    is the number of periods over which the asset is depreciated (sometimes called the useful life of the asset).

Per    is the period and must use the same units as life.

Remark

• SYD is calculated as follows:

  

Example

Cost	Salvage	Life	Formula	Description (Result)
30000	7500	10	=SYD([Cost],[Salvage],[Life],1)	Yearly depreciation allowance for the first year (4,090.91)
30000	7500	10	=SYD([Cost],[Salvage],[Life],10)	Yearly depreciation allowance for the tenth year (409.09)