Add adjustment category

1. From the Bank Account page, select the Adjustment Categories tab. The Adjustment Categories frame appears.

2. Select Add.

3. In the Category field, enter a name for the adjustment category. The name you enter will be available as an option when you create adjustments.

4. If you want to populate the fields with information from another adjustment category already saved in the system, select Copy From. When you select Copy From, the Adjustment Category Search screen appears so that you can locate another adjustment category. For more information, see Copy Adjustment Category Information.

5. In the Type field, select “Deposit,” “Payment,” "Transfer In," or “Transfer out.” The “Deposit” and “Payment” transaction types do not necessarily have to be deposits or payments. A deposit increases the account balance while a payment decreases the account balance. For example, a service fee would be a payment, while a credit to the account would be a deposit.

Note: Certain types may not appear based on system configurations.

6. In the Transfer account field, enter the bank account to which you want to transfer the amount. You can select the magnifying glass to locate the bank account. This field is only active for transfer adjustments.

7. In the Adjustment date field, enter the date to use as the default when creating an adjustment of this type. You can select “Today” or leave the field blank to select the date when you add an adjustment.

8. In the Amount field, enter the amount of the adjustment or leave it blank so you can define the amount when you create the adjustment.

9. In the Post status field, select “Not posted” or “Do not post.”

10. In the Post date field, select the default post date for adjustments of this type. Select “Adjustment date” for the post date to equal the adjustment start date, or select “Today” for the post date to equal the date the adjustment is created.

11. In the Reference field, you can enter additional text to identify this adjustment category.

12. Select Save.