Click General ledger> Setup> Fixed assets> Value modelsto open the Value modelsform.

Press CTRL+N to create a new value model, and enter the required details.

Note
For more information, see "Fixed asset value models setup (form)" in the Applications and Business Process Help.

Select the Depreciation for categorycheck box to calculate depreciation of all fixed assets attached to the value model as a group, rather than as individual assets.

Note
The Depreciation for categorycheck box must be selected in order for periodic depreciation to be calculated for a value model.

Press CTRL+S or close the form.