The number of depreciation periods for the fixed asset. When depreciation periods are part of the setup of the depreciation ...

The number of depreciation periods for the fixed asset. When depreciation periods are part of the setup of the depreciation calculation, they are used to calculate straight line depreciation and factor depreciation. The default service life in years for the value model can be set up for the fixed asset group, but can be changed for each fixed asset and value model combination. The depreciation periods are calculated by using the setting in the Period frequency field in the Depreciation profiles page. If the period frequency is Quarterly, the service life of 1 is equal to four quarters in the Depreciation periods field. If the period frequency is Yearly, the service life of 4 is equal to four periods.
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