How To Create A Generated Adjustment

The following steps describe how to create a generated adjustment.

To create a calculated adjustment using the Adjustment Portal:

Specify the Account and Obligation.
Specify an Adjustment Type that is configured to calculate the amount or build additional details and click OK.
The appropriate maintenance map is displayed. Specify the Amount, if appropriate and if desired, the Creation Reason.
Click Save

Note: Your specific implementation may define additional information required for the adjustment.

After saving, the adjustment display portal is shown with the details entered so far. Click Generate. In the resulting page populate the data further:

Specify an Accounting Date, Adjustment Date and Calculation Date. The Calculation Date that you supply is used by the generate adjustment algorithm for any calculations that are effective dated (e.g., rate version or rate factor value). You may also specify the Effective Date.
If the adjustment is for a debit amount, indicate the Debt Category, or leave it blank to have it default from the adjustment type.
If the adjustment is for a credit amount indicate the Debt Category Priority if this adjustment should override the default debt category priority from the obligation type.
Check FT Header to indicate if the adjustment FT will be used as the assessment header, otherwise you may specify a Group FT ID if the Adjustment should be associated with a specific assessment.
Click Calculate.

Click Freeze to freeze the calculated transactions.

The following steps highlight some differences in the process of creating a transfer adjustment if your implementation is using the legacy Adjustment page.

The Add dialogue brings the user to the main adjustment tab where the account, obligation may be specified along with the adjustment type and amount, if applicable.
Creation Reason is not available.
After specifying the basic adjustment information, click Generate to progress the adjustment.