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.