## Summary

The Excel SYD function returns the sum-of-years' deprecation of an asset for a specified period.

## Syntax

=SYD (cost, salvage, life, per)

## Syntax Breakdown

Cost
Required. Initial cost of the asset.

Salvage
Required. Value at the end of the depreciation period. Also known as salvage value.

Life
Required. Number of periods over which the asset is depreciated. Also know as the useful life of the asset.

Per
Required. A period. Must use the same unit as life.

## Usage Notes

SYD returns the sum-of-years' depreciation for an asset in a given period.

SYD Calculation
The SYD function calculates the depreciation as follows:

1) The asset begins with a value of \$100,000 in Year 0 and ends up with a value of \$15,000 in Year 5, producing a loss of \$85,000 in value over the period.

2) Depreciation in Year 1 is calculated by 5/15 * 85,000 = 28,333; Year 2 is calculated by 4/15 * 85,000 = 22,667, etc.

3) Excel finds the denominator by summing the years as follows: =1+2+3+4+5 = 15.

Other Depreciation Functions
SLN Function: Straight-line depreciation method

DB Function: Fixed-declining balance depreciation method

DDB Function: Double-declining balance depreciation method

VDB Function: Variable declining balance depreciation method