Mid quarter depreciation without setting the mid period

Question

Hello All,
Thank you for taking time to read my question.
When AA went live, half monthly data for the company code was not maintained (while it should have been maintained 15 as the mid period). Since the half period is not configured, I am not able to set the mid month setting in OAVH. Now the taxes are calculated with an additional 15 days when specifying mid quarter when using period method control 005. The company code went live last year October and SAP will not allow updating the mid period from blank to 15.
Have anyone dealt with such a situation? I planned on defining a new period control key and assign it to a custom period method control. But still not able to get the depreciation value correct to the mid quarter.
Any help is greatly appreciated.
AM

Answer 1

What do you mean without mid period setting? Is this OAVH? Anyway, you can try this.
Use of Half Months in the Company Code
In this step, you determine the company codes in which you want to use half periods. In this way, you can calculate depreciation in these company codes on the basis of half months or half periods.  Using this method, you can work with 24 periods in Asset Accounting, although the fiscal year version in Financial Accounting has only 12 normal periods (without using a different fiscal year version for Asset Accounting).
You should be aware, however, that the specifications for periods in the transactions in Asset Accounting (such as, useful life) have to be based on whole periods (12).
Example
Half periods are, for example, necessary to represent the "mid quarter/month rule". This is a version widely used in the U.S.A. With this rule, it is important for the determination of depreciation whether an acquisition takes place in the first or the second half of a period.
Caution
When you specify the use of half periods in the definition of an asset company code, half periods are automatically specified in all other company codes that use this fiscal year version.
You cannot use half periods with non-calendar fiscal months.
You cannot take back the use of half periods once the specification has been made.  It is noted internally by the system in the asset master records.
Requirements
The number of the posting periods in the fiscal year version used must correspond to the number of calendar months (12).
Activities
1. Specify the use of half periods by entering the date (for example, the 15th) for the middle of the period for the company codes.
2. If you have defined period controls yourself
(see Period Control),
you must provide for the use of half periods in their assignment rules. For monthly and quarterly periods, corresponding period controls have already been created as standard in the system.
Thanks!
Jhero