Overview of Adjustment Types
Before you can create manual adjustments, you must set up adjustment types. Each adjustment must be classified by an adjustment type for processing to the checkbook and determining what prefix to use in the adjustment number.
The administration of adjustment types is partitioned by reference set. Within this setup, the predefined adjustment type defines how the adjustment type affects the checkbook. For example, the missed supplier accrual adjustments would be based on the Increase Earned predefined adjustment type, because such adjustments would increase earned accruals in the checkbook. Supplier rejection adjustments would be based on the Decrease Earned predefined adjustment type, because such adjustments would decrease earned accruals in the checkbook. In addition, you can specify a prefix that will be used in generating adjustment numbers for each adjustment type.
Set Up Adjustment Numbering
Adjustment numbers consist of a prefix and a single sequence. The prefix is defined in the adjustment type setup. A single sequence generates numbers from a given starting number that's stored in the database and the single sequence is used across all adjustments. The sequence starts at 1000.
Most implementations choose to have the same prefix for adjustment types. However, we also support different prefixes by adjustment type. For example, let's assume two adjustment types prefixed with ABC and DEF respectively:
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For the first adjustment number, the sequence is ABC1000.
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For the second adjustment number, the sequence is DEF1001.
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For the third adjustment number, the sequence is ABC1002.
In this example, the ABC and DEF prefixes were defined in the adjustment type setup, which can be up to any five alphanumeric characters.