Sum-of-the-Years’-Digits Method

Sum-of-the-Years’-Digits Method

This Formula Solver walks you through the steps to calculate depreciation with the sum-of-the-years-digits method (SYD). Use your own numbers for the purchase price, salvage value, and years of life to find the depreciation for an asset in a given year.

5 thoughts on “Sum-of-the-Years’-Digits Method

  1. Thank you for giving a simple to understand depreciate and reason for it. The treatment in accounting too great. I really needed this to explain depreciation to my friends and I have the precise answer

  2. Am so touched by the simple explanation of depreciation you ‘ve given, infact i was getting confused with some of the books i ve been reading on the subject, but your outfit has really enlighten me and am very grateful because with this understanding my colleagues and i will be able to pass our accounting exam because i will do everything possible to transfer the knowledge gain to my colleagues thank you.

Leave a Reply

Your email address will not be published. Required fields are marked *

*