Calculates depreciation for an asset.
function SYDDepreciation(const Cost: Extended; const Salvage: Extended; Life: Integer; Period: Integer): Extended;
Extended SYDDepreciation(const Extended Cost, const Extended Salvage, int Life, int Period);
SYDDepreciation (for "sum-of-years-digits depreciation") calculates depreciation amounts for an asset using an accelerated depreciation method. This allows for higher depreciation in the earlier years of an asset's life.
Cost is the initial cost of the asset. Salvage is the value of the asset at the end of its life expectancy. Life is the length of the asset's life expectancy. Period is the period for which to calculate the depreciation.
Copyright(C) 2009 Embarcadero Technologies, Inc. All Rights Reserved.
What do you think about this topic? Send feedback!