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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
The example may be easier to understand if you copy it to a blank spreadsheet.
How?
- Create a blank spreadsheet.
- Select the example in the Help topic.
Selecting an example from Help
- Press CTRL+C.
- In the spreadsheet, select cell A1, and press CTRL+V.
- To switch between viewing the formula that returns the result and the result in the cell, select the cell and press F2 and then ENTER, or click Commands and Options on the spreadsheet toolbar, click the Formula tab, and look in the Formula in active cell (active cell) box.
| 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) |