The sum of the years’ digits (SYD) depreciation method depreciates an asset more quickly during the beginning of its life. Unlike the straight-line method, depreciation expense is different for every depreciation period. Depreciation is greater in the early periods and declines in each successive period. See a table comparing the different depreciation methods. Videos Purpose … Read more
See the four depreciation functions and their differences.
Learn about Google Sheet’s four depreciation functions – SLN, SYD, DB and DDB.