Adjustments

The Adjustment Entry function allows you to enter debit or credit amounts to be charged against any valid invoice or credit note for a billing sub-system. Adjustments may be made only on a per document basis and only in the amount of the original amount plus accrued interest less cash or adjustments to date. Accounts Receivable internally verifies that the amount of the adjustment does not exceed this limit and will disallow any attempt to adjust a greater amount. In the event that an account is to be adjusted so as to create a credit balance, you should use the Credit Note Entry option.

The following example is an adjustment for customer 1011 to invoice #208 for <$10.00> (decrease the invoice value).

All GL distributions done on the Summary Line Entry Screen (third screen) should be entered with the opposite sign of the amount entered main screen.