Adjustment Categories

Adjustments are used to record bank account transactions such as interest earned, service charges, balance adjustments, and transfers between bank accounts. On the Adjustment Categories tab, you can create adjustment categories for adjustment transactions you use regularly.

Using adjustment categories reduces data entry time and maintains consistency. For example, if you have a monthly bank service fee for savings, you can create an adjustment category for this fee that includes all the necessary information for the transaction, such as the payment amount and the reference for the register and statements. Each month when you need to record the bank service fee, you can create an adjustment transaction and select the adjustment category created for this transaction type. All the information for this payment is entered automatically.

The Adjustment Categories tab displays all saved adjustment categories. You can open a saved category to make changes or delete an adjustment category.