Name
SYD Function
Class
Microsoft.VisualBasic.Financial
Syntax
SYD(cost, salvage, life, period )-
cost(required; Double) The initial cost of the asset
-
salvage(required; Double) The value of the asset at the end of its useful life
-
life(required; Double) The length of the useful life of the asset
-
period(required; Double) The period whose depreciation is to be calculated
Return Value
A Double giving the sum-of-years depreciation of an asset for a given period
Description
Computes the sum-of-years’ digits depreciation of an asset for a specified period. The sum-of-years’ digits method allocates a larger amount of the depreciation in the earlier years of the asset.
Rules at a Glance
lifeandperiodmust be expressed in the same time unit. For example, ifliferepresents the life of the asset in years,periodmust be a particular year for which the depreciation amount is to be computed.All arguments must be positive numeric values.
To calculate the depreciation for a given period, SYD uses the formula:
(Cost-Salvage)*((Life-Period + 1)/(Life*(Life + 1)/2))
See Also
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