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.