Calculates the periodic amount (usually annual) that an asset in the current period may be depreciated, across a range of periods. The depreciation method used is sum of the year's digits.
The SYD method assumes that depreciation amounts are higher at the earlier stages of the asset's life. Thus, rangeList can be used to specify a period to calculate.
More than one asset may be depreciated over the range. The value is depreciated from its entry period to the last period in the range. The resulting value represents the sum of all per-period depreciation values of each asset.
Syntax
@SYD (costMbr, salvageMbrConst, lifeMbrConst [, rangeList])
| Parameter | Description |
|---|---|
costMbr | Single member specification representing an input asset for the current period. |
salvageMbrConst | Single member specification, variable name, or numeric expression, providing a constant numeric value. This value is the value of the asset in the current period after the useful life of the asset. |
lifeMbrConst | Single member specification, variable name, or numeric expression representing the useful life of the asset. |
rangeList | Optional. A valid member name, a comma-delimited list of member names, member set functions, and range functions from the dimension tagged as Time. rangeList represents the range over which the function accepts input and returns depreciation values. If rangeList is not specified, Essbase uses the level 0 members from the dimension tagged as Time. |
Notes
Financial functions never return a value; rather, they calculate a series of values internally based on the range specified.
Example
In this example, the depreciation for each year is calculated by taking into account the initial asset (Asset), the salvage value of the asset (Residual), and the life of the asset (Life).
"SYD Dep"=@SYD(Asset,Residual,Life,FY1999:FY2002,FY2003);
This example produces the following report:
FY1999 FY2000 FY2001 FY2002 FY2003
====== ====== ====== ====== ======
Asset 9,000 0 1,000 0 0
Residual 750.00 0.00 0.00 0.00 0
Life 5.00 #MISSING 3.00 0.00 0.00
SYD Dep 2750 2200 2150 1433 717See Also