How do you calculate sum of years digits depreciation method in Excel?(SYD Function)

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  • Опубликовано: 1 окт 2024
  • How do you calculate sum of years digits depreciation method in Excel?(SYD Function)
    Definition : This method takes the asset's expected life and adds together the digits for each year; so if the asset was expected to last for five years, the sum of the years' digits would be obtained by adding: 5 + 4 + 3 + 2 + 1 to get a total of 15. Each digit is then divided by this sum to determine the percentage by which the asset should be depreciated each year, starting with the highest number in year 1.
    Excel Functions
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    Tags:-
    sum of years digits depreciation method
    Depreciation - Sum of Years of Digits Method of Depreciation
    Sum of Digit Method
    Sum of Year of Digit Method Problem - Depreciation Accounting

Комментарии • 3

  • @iqra6477
    @iqra6477 11 месяцев назад

    .

  • @arware1334
    @arware1334 7 месяцев назад +1

    Thank you but book value?