FormulaCraft

SYD

SYD allocates depreciation based on a fraction whose numerator is the remaining life and denominator is the sum of all years' digits. It depreciates faster than straight-line but more gradually than double-declining balance, suitable for assets that lose value rapidly but not as steeply.

Excel
=SYD(20000,2000,5,1)
Google Sheets
=SYD(20000,2000,5,1)

Verified example

Computed by a real spreadsheet engine on the sample data below.

ParameterValue
Cost20000
Salvage2000
Life5
Period2

=SYD(20000,2000,5,1)6000

Try it with your data

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Sample data — click any cell to edit

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How it works

  1. 1Supply the asset cost, salvage value, useful life in years, and the specific period (1 = first year).
  2. 2Enter =SYD(cost, salvage, life, per) — Excel computes the sum of digits automatically.
  3. 3Repeat for each period to build a full depreciation schedule.

Need a version for your data?

Try: “What is the sum-of-years'-digits depreciation for year 2 on a $20,000 asset with a $2,000 salvage over 5 years?

Related

Written and reviewed by FormulaCraft Team. Each formula on this page is run through our verification engine before publishing.

Last reviewed: