Adjustment

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Adjustment

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Introduction

An Adjustment represents a change of monies that have been applied to a Customer and one or more Invoice entries. This includes Credit, Debit, Trade Credit, Bad Debt Write-off, and Agency Commission adjustments. Adjustments can be accessed from AR.



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Add Adjustment

The Add Adjustment button is located in the bottom right portion of the A/R window.

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Transaction

If you want to apply an adjustment to a transaction you need to have one transaction highlighted in the Transaction tab on the left-hand side of A/R.

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Customer

If you want to apply an Adjustment to the customer you need to have one Customer highlighted in the Customer pane on the right-hand side of A/R.

E.C.- When you apply an Adjustment to a customer you will not have anything on the Invoice list as this payment is applied to the customer.

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Apply a Credit

To Apply a Credit Adjustment you need to do the following:
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Debit

To Apply a Debit Adjustment you need to do the following:
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Trade Credit

To Apply a Trade Credit Adjustment you need to do the following: You will only see the invoices that can do Trade.

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Bad Debt Write-Off

To Apply a Bad Debt Write-off you need to do the following:
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Agency Commission

To Apply an Agency Commission you need to do the following:
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Payments/Adjustments

If you desire to target a payment/adjustment to a specific type of invoice, you can enable the "Transaction Narrowing" option in Settings->Group->Options.

If you have been using the product prior to this release and you desire to have this capability active, you will need to enable it.

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This will be unchecked upon the release and if you want/use Transaction Narrowing. You will need to go to Settings, Group, Options. Scroll down and checkmark the option, On.




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FAQ

How do I apply a credit adjustment to current invoices?

There are two ways to do this. The first way preserves the automated features of Billing.


The second way is if for some reason the invoice was finalized in Accounts Receivable manually.


TODO Add any questions as they come up to this section.

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Additional Information

See AR. See Payment.