SK Straight-line depreciation
For correct functioning of the SK tax straight-line depreciation, it is necessary to setup the depreciation method based on these parameters:
- Depreciation method = Slovak depreciation
- Avg. convention = Period in Service
- Disposal Conventions = Previous Year
- Tax method type = NA
- SK Straight-line depreciations – Years = to enter number of years for depreciations
- Rate Table Type = Yearly
- Class life YY/MM = 99/0
The Yearly Rates must be set up with zeros and these rates are not used for depreciation calculation. Depreciation years must be specified in the field SK Straight-line depreciation – Years.