Sum-of-Years'-Digits Depreciation

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January 1, 1 7 min read Definitions

Sum-of-Years'-Digits Depreciation Accelerated Depreciation Asset Depreciation Useful Life Accounting Methods Tax Deduction

The Sum-of-Years'-Digits (SYD) depreciation method is a technique used in accounting to allocate the cost of an asset over its useful life in an accelerated manner. This method results in higher depreciation expenses in the earlier years and lower expenses in the later years.

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