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If you manage fixed assets and want a smarter way to calculate depreciation, this video is for you. In this tutorial, I walk you through how to automate the Sum of Year’s Digits (SYD) method in Excel using simple, dynamic formulas — no VBA required. Whether you're working in an NGO, SME, or corporate environment, this method gives you a more realistic allocation of asset cost, front-loading depreciation in the earlier years when an asset's productivity is usually higher. 📊 What You’ll Learn Inside: ✔️ The logic behind the SYD method (in plain terms) ✔️ How to set up a depreciation table that adjusts automatically ✔️ Calculating remaining life and sum of digits dynamically 💼 Why This Matters: Many finance professionals stick with straight-line depreciation because it's simple, but SYD provides a more realistic reflection of asset usage for certain categories like vehicles, IT equipment, and machinery. It’s especially useful when you want to align depreciation with actual economic benefits. This automated approach ensures consistency, reduces manual errors, and supports better decision-making and compliance. 🧠 Who Should Watch This: NGO & nonprofit finance professionals Accountants handling fixed assets Internal auditors & compliance teams Excel users building advanced financial models Finance managers who want accurate and automated asset schedules 📌 Watch now to build your own SYD model in Excel: 🔗 • 👉Automate Sum of Year’s Digits Depreciatio... Let’s move from theory to practical, one formula at a time. You can connect with me using the following social media links: On Facebook👉 / accountingonexcel On LinkedIn👉 / amakaifebunandu On YouTube👉 / accountingonexcel Via website:👉https://www.accountingonexcel.ng #SYDDepreciation #DepreciationInExcel #ExcelDepreciation #SumOfYearsDigits #ExcelTemplate #ExcelForFinance #FinanceSkills #AccountingInExcel #AssetManagement #NGOFinanc