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Excel > Function reference > Financial

SYD
Hide All
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 worksheet.

How to copy an example

1.

Create a blank workbook or worksheet.

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2.

Select the example in the Help topic.

NOTE

Do not select the row or column headers.

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.
A

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,A4,1
0)

Yearly depreciation allowance for the tenth year

(409.09)

See Also

DDB

Financial functions

SLN

VDB

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