Sum-of-years' depreciation
You can calculate the sum-of-years' depreciation of an asset (syd) after a specified period of time.
This function takes the following arguments:
- Cost – The initial cost of an asset.
- Salvage – The value at the end of the depreciation (also known as the salvage value of the asset).
- Number of periods – The number of periods over which the asset is depreciated (also known as the useful life of the asset).
- Period – The period to calculate asset depreciation. Use the same unit of measure as provided for the number of periods.
Example expression
@Financial.syd(30000, 7000, 10, 1)
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