SK Accelerated depreciation
For the correct functioning of the SK tax accelerated depreciation, it is necessary to setup the depreciation method based on the following parameters:
- Depreciation method = SK depreciation
- Avg. convention = Period in Service
- Disposal Conventions = Previous Year
- Rate Table Type = Yearly
- Class life YY/MM = 99/0
The table Yearly Rates must be set up. These columns must be specified:
- First column: coefficients for depreciation without SK Technical revaluation
- Second column: coefficients for depreciation with SK Technical revaluation
The coefficient for the second year and the following ones can be specified only to the second line (no need to specify the values for the rest of the asset life).