Forum Discussion
Change the SharePoint Online version limit on the Organization level
Inside this official documentation @ https://learn.microsoft.com/en-us/sharepoint/version-overview seems we can define the version limits on the Organization, sites & libraries. levels where if we n...
I realise this was posted a little while ago but just wanted to point out that I'd be cautious using the Time deletion option on existing libraries across your tenant (assuming you were planning to run the PowerShell scripts available for this purpose).
If you have a lot of older files (in your case older than 10 years), it will remove ALL version history on those which could cause issues with compliance and legal requirements. There may be cases where there is a requirement to keep certain data forever, or at least longer than 10 years.
I'm not sure if you've already done this, but if it were me, I'd be checking with your data governance and legal teams beforehand.