SYD Function [VBA]

Returns the arithmetic-declining depreciation rate.

This constant, function or object is enabled with the statement Option VBASupport 1 placed before the executable program code in a module.

Syntax:

SYD (Cost as Double, Salvage as Double, Life as Double, Period as Double)

Return value:

Double

Parameters:

Cost is the initial cost of an asset.

Salvage is the value of an asset at the end of the depreciation.

Life is the depreciation period determining the number of periods in the depreciation of the asset.

Period is the period number for which you want to calculate the depreciation.

Error codes:

5 Invalid procedure call

Example:

REM ***** BASIC *****
Option VBASupport 1
Sub ExampleSYD
REM Calculate the yearly depreciation of an asset that cost £10,000 at
REM the start of year 1, and has a salvage value of £1,000 after 5 years.
Dim syd-yr1 As Double
REM Calculate the depreciation during year 1.
syd-yr1 = SYD( 10000, 1000, 5, 1 )
print syd-yr1 ' syd-yr1 is now equal to 3000.
End Sub

Related Topics

• SYD function in CALC
• VBA financial functions