SYD function

This article describes the formula syntax and usage of the SYDfunction in Microsoft Excel.

Description

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

Syntax

SYD(cost, salvage, life, per)

The SYD function syntax has the following arguments:

  • Cost    Required. The initial cost of the asset.

  • Salvage    Required. The value at the end of the depreciation (sometimes called the salvage value of the asset).

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

  • Per    Required. The period and must use the same units as life.

Remarks

SYD is calculated as follows:

Equation

Example

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

How do I copy an example?

  1. Select the example in this article.

    Important   Do not select the row or column headers.

    selecting an example from help

    Selecting an example from Help

  2. Press CTRL+C.

  3. In Excel, create a blank workbook or worksheet.

  4. In the worksheet, select cell A1, and press CTRL+V.

    Important   For the example to work properly, you must paste it into cell A1 of the worksheet.

  5. To switch between viewing the results and viewing the formulas that return the results, press CTRL+` (grave accent), or on the Formulas tab, in the Formula Auditing group, click the Show Formulas button.

After you copy the example to a blank worksheet, you can adapt it to suit your needs.

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Data

Description

30,000

Initial cost

7,500

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)

Applies To: Excel 2010, Excel Starter, Excel Online, SharePoint Online



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