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Setting up monthly GL calendar with 5 adjustment periods

We have requirement to setup a monthly GL Calendar with 5 adjustment periods i.e. one adjustment period after each quarter and 5th one after end of year.

Since there is no seeded option in Adjusting period frequency LOV to define a calendar with 5 adjustment periods, we tried to select Other option with adjustment period frequency as 5. However, when try to save the calendar setup, its giving us below error.

You entered standard periods with overlapping date ranges or date gaps. (GL-780576)

Can someone please guide if is it possible to setup GL calendar with 5 adjustment periods? If yes, then what is the correct way?

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