Financial
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=SYD()
Returns the sum-of-years' digits depreciation of an asset for a specified period.
Applies To:
Excel for Microsoft 365Excel for Microsoft 365 for MacExcel 2024Excel 2024 for MacExcel 2021Excel 2021 for MacExcel 2019Excel 2016
=SYD(cost, salvage, life, per)
Hover argument names in the table for details.
Output typeNumber
Popularity25 / 100
VolatileNo
Dynamic ArrayNo
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◧ Arguments
| Argument | Type | Required | Description |
|---|---|---|---|
cost |
Number | Required | The initial cost of the asset. |
salvage |
Number | Required | The value at the end of the depreciation (sometimes called the salvage value of the asset). |
life |
Number | Required | The number of periods over which the asset is depreciated (sometimes called the useful life of the asset). |
per |
Number | Required | The period and must use the same units as life. |
▣ Examples
▦ Data
| Cell | Value | Description |
|---|---|---|
A2 |
$ 30,000.00 | Initial cost |
A3 |
$ 7,500.00 | Salvage value |
A4 |
10 | Lifespan in years |
A5 |
$ 30,000.00 | Initial cost |
A6 |
$ 7,500.00 | Salvage value |
A7 |
10 | Lifespan in years |
Yearly depreciation allowance for the first year (4,090.91)
=SYD(A2,A3,A4,1)
Result:
$4,090.91
Yearly depreciation allowance for the tenth year (409.09)
=SYD(A2,A3,A4,10)
Result:
$409.09
§ Remarks
- SYD is calculated as follows:
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