SYD

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

Example

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

How?

  1. Create a blank spreadsheet.
  2. Select the example in the Help topic.

    Selecting example from Help

    Selecting an example from Help

  3. Press CTRL+C.
  4. In the spreadsheet, select cell A1, and press CTRL+V.
  5. 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)