This post will guide you how to use **Excel SYD function** with syntax and examples in Microsoft excel.

Table of Contents

### Description

The Excel SYD function calculates the sum-of-years’digits depreciation of an asset for a specified period. And it will return a numeric value.

The SYD function is a build-in function in Microsoft Excel and it is categorized as a Financial Function.

The SYD function is available in Excel 2016, Excel 2013, Excel 2010, Excel 2007, Excel 2011 for Mac.

### Syntax

The syntax of the SYD function is as below:

=SYD(cost, salvage, life, per)

Where the SYD function arguments are:

**Cost**-This is a required argument. The initial cost of the asset.**Salvage**-This is a required argument. The value of the asset at the end of the depreciation.**Life**-This is a required argument. The number of periods over which the asset is to be depreciated.**Per**-This is a required argument. The period that you want to calculate the depreciation for.

### Excel SYD Function Examples

The below examples will show you how to use Excel SYD Function to calculate the sum-of-years’digits depreciation for a period in the lifetime of an asset.

**#1** to get the depreciation for the first year for an asset that cost 3000, with a salvage value of 500, and the useful life of the asset is 5, using the following formula:

=SYD(B1,B2,B3,1)

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