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SYD function - Calculate depreciation for an asset by remaining value in Excel

The following article details the syntax and usage of the SYD function - The function performs depreciation of assets over the remaining time in a specified period.

Author: Marvin Fry2 minutes read

The following article details the syntax and usage of the SYD function to help you understand and use it properly in all cases.

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:

images 1 of SYD function - Calculate depreciation for an asset by remaining value in Excel

For example:

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

images 1 of SYD function - Calculate depreciation for an asset by remaining value in Excel

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

images 1 of SYD function - Calculate depreciation for an asset by remaining value in Excel

Pressing Enter results as:

images 1 of SYD function - Calculate depreciation for an asset by remaining value in Excel

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

images 1 of SYD function - Calculate depreciation for an asset by remaining value in Excel

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

images 1 of SYD function - Calculate depreciation for an asset by remaining value in Excel

Above are the uses and cases of the SYD function .

Good luck!

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