When Current Balance Equals Payoff Balance

For most obligations, payoff balance and current balance are always the same (or in colloquial speech - the amount the taxpayer has been asked to pay equals what they really owe). In this situation, an adjustment is easy: both payoff balance and current balance are adjusted by the same value.

Let's run through a typical example. The values in the payoff balance and current balance columns reflect the amount due after the financial transaction has been applied (i.e., the running balance):

As you can see, payoff balance and current balance are always in sync.