SYD function

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 worksheet.

How to copy an example

  1. Create a blank workbook or worksheet.

  2. Select the example in the Help topic.

    Note   Do not select the row or column headers.

    Selecting an example from Help

    Selecting an example from Help

  3. Press CTRL+C.

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

  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.

1

2

3

4

A

B

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 2007



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