How to Use the SYD Function in Excel

This guide explains how to use SYD Function in Excel, including its syntax, required arguments, practical examples, and common errors.

Description: The function performs depreciation of assets according to the remaining time in the specified period.

Syntax : = SYD (cost, salvage, life, per) .

Inside:

- cost : The initial value of the property, required parameters.

- salvage : The depreciation value of the property, also called the recovery value of the property.

- life : Term of the property, required parameters.

- per : The number of depreciation periods, mandatory in the same unit as the asset's maturity, is the required parameter.

Attention:

- Depreciation formula:

For example:

With investment properties have the following parameters. Calculate the depreciation for the first year, the depreciation for the last year.

In the cell to calculate enter the formula: = SYD (B7, C7, D7,1) .

Pressing Enter results as:

The depreciation for the last year -> the depreciation period is 10.

Press Enter the depreciation value of the property after 10 years:

Above are the uses and cases of the SYD function.

Good luck!