Microsoft Office Tutorials and References
In Depth Information
Depreciating the Finer Things in Life
SYD returns the depreciation for a single period. Earlier, I showed you that
the SLN function also returns the depreciation per period, but because all
periods are the same, the SLN function didn’t need to have an actual period
entered as an argument.
The SYD function returns a different depreciation amount for each
period, so the period must be entered as an argument. In Figure 6-2,
each formula in the range F9:F20 uses the SYD function but has a
different period as the fourth argument. For example, cell F9 has the
formula =SYD($B$2,$B$3,$B$4,B9), and cell F10 has the formula
=SYD($B$2,$B$3,$B$4,B10). The last argument provides a different value.
Here’s how to use the SYD function to calculate the depreciation for one
period:
1. Enter three values in a worksheet:
•Costofanasset
•Salvagevalue(alwayslessthantheoriginalcost)
•Numberofperiodsinthelifeoftheasset(usuallyanumber
of years)
2. Enter =SYD( to begin the function entry.
3. Click the cell that has the original cost, or enter its address.
4. Enter a comma ( ,).
5. Click the cell that has the salvage amount, or enter its address.
6. Enter a comma ( ,).
7. Click the cell that has the number of periods, or enter its address.
8. Enter a comma ( ,).
9. Enter a number for the period for which to calculate the depreciation.
10. Type a ), and press the Enter key.
The returned value is the amount of depreciation for the entered period. To
calculate the depreciation for the entire set of periods, enter a formula with
the SYD function into the same number of cells as there are periods. In this
case, each cell has a different period entered for the fourth argument. To
make this type of entry easy to do, enter the first three arguments as
absolute cell addresses (in other words, use the dollar sign ($) in front of the
row and column indicators). Leave the fourth argument in the relative
address format.
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