The Description of Page section that appears below simply describes the fields on this page. Refer to How and When To Use An Adjustment for instructions describing how to perform common maintenance functions.
The Main page contains core adjustment information. Open this page using .
Description of Page
Adjustment Info contains a concatenation of important information about the adjustment.
Adjustment ID is the system-assigned, unique identifier of the adjustment.
Account ID is the account to which the adjustment is linked. The name of the main person on the account appears next to the account ID.
Use Obligation ID to define the obligation whose value needs to be adjusted. Basic information about the obligation appears adjacent.
Location is a display-only field that shows the location associated with the obligation, if any.
Indicate the Adjustment Type. This field is very important as it controls numerous aspects of the adjustment's impact on the taxpayer's balance and your general ledger. This field is gray after the adjustment is frozen.
You can only choose certain adjustment types. The obligation's obligation type has a collection of valid adjustment profiles. You may only reference adjustment types that are listed in one of the adjustment type profiles linked to the obligation type.
Enter the Amount of the adjustment. If the adjustment type is a generated adjustment, the Calculated Amount and Calculation Date are displayed. The values of the calculated amount and calculation date are displayed after the adjustment is generated. The calculated amount shows the result of the generate adjustment algorithm. The calculation date is specified when you click Generate for a generated adjustment type. It is used by the generate adjustment algorithm for any calculations that are effective dated (e.g., rate version or rate factor value).
Default note. The adjustment amount defaults based on the adjustment type. When you change the adjustment type, the amount changes accordingly. You may change the adjustment amount after it is defaulted.
You may not change an adjustment's Adjustment Status directly. Rather, you use the buttons in the Adjustment Actions area. Refer to The Lifecycle Of An Adjustment for the details.
If the status is Canceled, the Cancel Reason is displayed.
The Adjustment Date defines the date of the adjustment.
For adjustments that cover a period of time, the Through Date identifies the end of the adjustment period. For example, if penalty is calculated for a given month, the Adjustment Date and the Through Date are set to the start and end of the month, respectively.
Use the Comments to describe anything unusual about the adjustment.
If the adjustment is subject to approval, a message indicating such appears. Clicking this message navigates the user to the Approvals tab. Refer to The Big Picture of Adjustment Approvals for more information.
The financial transaction (FT) grid contains the financial transactions associated with the adjustment. It only contains information after the adjustment is frozen. If the adjustment is canceled, a second row appears showing the details of the cancellation FT.
Financial Transaction ID is the system-assigned unique identifier of the FT. Click the go to button to transfer to the financial transaction. On this page you can change certain aspects of the FT in question.
Effective Date is the date the FT starts aging.
Accounting Date is the date the system uses to determine the FT's accounting period in your general ledger.
Current Amount contains the FT's effect on the obligation's current balance.
Payoff Amount contains the FT's effect on the obligation's payoff balance.
Bill ID is the bill on which the FT appears (if it has been swept onto a bill). Click the adjacent go to button to transfer to the bill on which the FT appears. Note: an FT is linked to a bill the next time a bill is completed for the obligation's account.
Group FT ID is the identifier of the main tax liability assessment's FT. Refer to Group Financial Transactions for more information.
The Calculation Lines grid contains the details of the calculations associated with a calculated adjustment. It only appears if the rate that calculated the adjustment amount created at least one calculation line. One row exists for every calculation involved in the process. This information is for audit purposes only and cannot be modified.
The following information is displayed in the grid:
If at least one of the calculation lines has characteristics, Calc Line Char displays go to buttons, allowing you to go to characteristics that are linked to a specific adjustment calculation line. This column is only displayed if at least one of the calculation lines has characteristics.
Sequence is the system-assigned unique identifier of the calculation detail row.
Description on Bill is the information about the calculation line that appears on the taxpayer's bill.
Calculated Amount is the calculated amount associated with the calculation line.
The Print switch controls whether information about this line will print on the taxpayer's bill.
The Appears in Summary switch defines if this line's amount also appears on a summary line. This switch plays a part at bill print time if this adjustment is included in a bill to the taxpayer. Those lines that appear in a summary print in the left dollar column, those that don't appear in a summary print in the right dollar column.
Calculation lines created by applying a rate have this switch turned on if the corresponding rate component is summarized on a summary rate component.
Unit of Measure (UOM) is the unit of measure of the rate quantity priced on the calculation line.
Time of Use (TOU) is the time-of-use code of the rate quantity priced on the calculation line.
RQI is the rate quantity identifier of the rate quantity priced on the calculation line.
Billable Rate Quantity is the rate quantity priced on the calculation line. This quantity differs from the measured consumption if there are RQ rules or register rules in effect.
Base Amount is used by calculation lines (e.g. taxes) that are cross-referenced to other calculation lines and whose value(s), therefore, depend on the amounts calculated by those other lines. The Base Amount shows the total amount derived from the cross-referenced line(s) that the current line then used to calculate its billed amount.
Rate Component Sequence refers to the sequence number of the rate component on the applicable rate version that was used to calculate the line.
Measures Peak Qty is checked if the UOM priced on the calculation line is used to measure a peak quantity.
Exempt Amount is the amount of the calculated charge that the taxpayer doesn't have to pay because they are tax exempt.
Distribution Code is the distribution code associated with the calculation line. This distribution code is used to build the general ledger details on the bill segment's financial transaction.
Description describes the characteristic value that was used when the line's amount was calculated. This information is only displayed if the line was calculated using a rate factor (because only rate factors use characteristic values). Refer to An Illustration Of A Rate Factor And Its Characteristics for more information.
For more information, refer to Generated Adjustments.
The Adjustment Actions area contains buttons that you use to commit and cancel the adjustment's financial impact. The adjustment's status controls the button you can see and select. Refer to The Lifecycle Of An Adjustment for the details.
Cancel may not be enabled. The cancel button is not enabled if the adjustment is linked to a bill that is written off.
Canceling An Accounts Payable (A/P) Adjustment. If you need to cancel an A/P adjustment (i.e. an adjustment of an adjustment type that has an A/P request type) that has already been extracted by A/P, refer to How To Cancel An A/P Adjustment After It's Been Selected By A/P.
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