You can use the Fixed asset calendars form to set up a new calendar to use for depreciation. After you've created a calendar, you can create additional years and periods for each calendar.

1. Click General ledger> Setup> Periods> Fixed asset calendars.

2. CTRL-N to create a new calendar.

3. Enter the name of the calendar and a description.

4. Click Periodsto open the Calendar periods form and create periods.

5. Click Create new yearto open the Calendar years form and create a new year.