Period Control on Intercompany Transfer in Sender & Receiver Assets - Must both sides be in sync?

[Former Member]

I have a situation wherein the receiving asset in an intercompany transfer is taking too much depreciation when the asset is considered as a whole.

For example; An intercompany transfer is done with the "Transfer" period control in the depreciation keys in both the sender and receiver. Both are set with the Transfer control = 07, i.e. mid-year. Upon transfer, the receiver takes a full half-year depreciation even though the sender took depreciation. The net result is that, from a consolidated point of view, the asset is over-depreciated in the year of transfer.

I tried setting the "Transfer:" period control on both sides as start-of-month. I still did not get the desired result, specifically that the sender & receiver depreciation calculations add up to the amount of depreciation the asset would have had had it not been transferred.

Is it necessary that the period control on "Transfer" be in sync between the sender and receiver? If so, are there any tips that anyone might care to offer in this regard?