2. In the Depreciation profile field defined for each method and the frequency of depreciation. 3. In the Method field Select the Stright Line Service Life as a depreciation method. 4. In the Depreciation year field enter Calendar or fiscal year. If fiscal year is selected, the period frequency options are yearly or fiscal period, since a fiscal period is user defined. 5. In the Period frequency field enter requency to calculate and post depreciation! "onthly, #early, $uarterly, %alf #ear or iscal periods.