The Sum-of-the-Years’ Digits Depreciation Tool helps you calculate accelerated depreciation using the SYD method. Instead of evenly spreading the expense, this method front-loads depreciation, assigning higher values to earlier years. It’s perfect for assets that lose value faster at the beginning of their life.
This tool updates live and gives you the breakdown instantly, with the option to round and export the results.
How to Use:
- Enter the Asset Cost and Salvage Value.
- Enter the Useful Life in years.
- Use the Options section to:
- Show or hide the Yearly Breakdown
- Enable or disable Rounded Values
- The output updates instantly as you type, flashing to show it’s refreshed.
- Export the result, copy it to clipboard, or clear all fields using the buttons below.
What Sum-of-the-Years’ Digits Depreciation Tool can do:
The Sum-of-the-Years’ Digits Depreciation Tool calculates a weighted depreciation schedule. It works by summing the digits from 1 to N (where N is the asset’s life) and then multiplying each year’s fraction against the total depreciable amount.
This method results in higher deductions in early years and gradually lower amounts toward the end making it more realistic for many physical assets. You can see the full breakdown, control rounding, and copy or export the data in one click.
Example:
Settings: Asset Cost: 10000, Salvage Value: 1000, Useful Life: 5 Show Breakdown: ON, Round Values: OFF
Output:
Depreciable Amount: 9000
SYD Total: 15
Year 1: 3000.00
Year 2: 2400.00
Year 3: 1800.00
Year 4: 1200.00
Year 5: 600.00
Total Depreciation: 9000.00
Common Use Cases:
Use this tool for vehicles, equipment, or assets that quickly lose value early on. It’s ideal for accountants, tax planners, and students needing accurate SYD schedules without using spreadsheets or manual math.
Useful Tools & Suggestions:
For anyone using the sum-of-the-years’ digits method, the Double Declining Balance Depreciation Tool is another accelerated method worth comparing both front-load depreciation but in slightly different ways. And if you’re weighing options across methods, the Fixed Rate Declining Balance Calculator can help you explore how a consistent percentage impacts long-term asset value.