You can use the Create new year form to create a new fixed asset calendar year and periods. When you create a new year, default months and quarters for the year also will be created.

1. Click General ledger> Setup> Periods> Fixed asset calendars> Years. > Create new year.

2. Enter the beginning of the new year in the Enter start of yearfield and enter the ending of the new year in the Enter close of yearfield.

3. Enter the length of the period and select a unit, such as Days, Months, or Years.

4. Click OK.