Credit Card Adjustments
Use credit card adjustments to record changes to charges and payments or credits in the credit card account register. Recording adjustments accurately supports reconciliation and reporting.
Add adjustments directly from the credit card account register.
From the credit card account register, select Add.
Under General, enter adjustment details.
Adjustment category - Select a predefined category. When you select one, program automatically loads default values into the fields. To review category setup, see Adjustment Categories.
Enter the adjustment date and amount.
Type - Select Charge or Payment/credit.
Reference - Enter the journal reference for the adjustment.
If the adjustment is cleared, select Cleared, and then enter the cleared date.
Under Distributions, select the post status, and enter the post date. For distribution details, see Distributions.
Select the account, and enter the credit amount for the distribution.
Select the projects, grants, and transaction codes for the distribution.
To apply an account distribution set, make your selection, select More, and then select Apply account distribution set. This lets you split an assigned amount across multiple projects and transaction codes.
To add custom fields that further define the distribution, select Select custom fields in the custom fields column.
In Interfund entry set, select a set to balance accounts when debit and credit accounts are not in the same fund.
Enter any supporting details in Notes.
Under Attachments, add files by dragging a file into Drag a file here or by browsing to a file. You can also link to online or cloud files. For attachment options, see Attachments.
Select Save.
To edit an adjustment in the credit card account register, open the menu for the adjustment, select Edit, make the updates, and then select Save.
To view an adjustment in the credit card account register, open the menu for the adjustment, and select View. From the open adjustment, you can review history and edit distribution details.