SYD

MS Excel Spreadsheet

See Also

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:

    Equation

Example

The example may be easier to understand if you copy it to a blank spreadsheet.

ShowHow?

Data Description
30000 Initial cost
7500 Salvage value
10 Lifespan in years
Formula Description (Result)
=SYD(A2,A3,A4,1) Yearly depreciation allowance for the first year (4,090.91)
=SYD(A2,A3,A4,10) Yearly depreciation allowance for the tenth year (409.09)