Adding a deposit adjustment
Similar to an account-level adjustment, a deposit adjustment adjusts the account's overall deposit balance without regard to any specific deposit transactions.
- Select Billing > Manage Account.
- Load the account that you want.
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On the Maintenance tab, under Transactions, click Add Deposit Adjustment.
The Add Deposit Adjustment link can also be displayed in the Quick Links panel on the Summary tab.
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Specify this information:
- Adjusted By
- Specify your employee ID.
- Date
- Specify the date and time of the adjustment.
- Bill Type
- Specify the bill type for the adjustment.
- Adjustment Type
- Specify the type of adjustment that you're making.
You can select any adjustment type that is available for the bill type you entered in the Bill Type field. Adjustment types are defined as line items using Line Item Setup and assigned to bill types using Bill Type Setup. The adjustment type you select determines whether the adjustment is a credit or debit and the approval levels that are required for different adjustment amounts.
- Amount
- Specify the amount of the adjustment.
Because the adjustment type you specify in the Adjustment Type field indicates whether the adjustment is a credit or debit, you only need to specify the amount by which the account balance is being adjusted. Infor Public Sector will subtract the amount of a credit adjustment from the balance, and add the amount of a debit adjustment.
- Click Save.