Viewing Account Adjustments
Oracle Sales Compensation uses account adjustments to make adjustments to subledger accounts. For example, when you calculate compensation, Oracle Sales Compensation posts to the Comm. Due accounts. When you pay compensation, Oracle Sales Compensation moves money from Comm. Due to the Cash accounts.
How an account balance increases or decreases depends on the type of account:
Credits are used to:
- Increase the balance of a revenue account
Thus, when you credit the Bonus Earned, Non-Recoverable Draw Earned, or Miscellaneous Earned accounts, you increase the balance of those accounts. (Remember that Oracle Sales Compensation credits or debits the Commission Earned account for you when you run calculation.)
- Increase the balance of a liability account
Thus, when you credit the Recoverable Draw Payable account, you increase the balance of that account.
- Decrease the balance of an asset account
Oracle Sales Compensation credits and debits all subledger asset accounts for you when you submit payment.
Debits are used to:
- Decrease the balance of a revenue account
- Decrease the balance of a liability account
- Increase the balance of an asset account
Oracle Sales Compensation uses double-entry accounting, in which the credits and debits from account adjustments must balance. For example, when Global Computers, Inc. gives salesperson Pat Smith a bonus, Pat's Bonus Earned account is credited and the Due account is debited.
