Adjustment Type for Refundable Fee

This example assumes that the fee is set up similarly to a deposit. The adjustment used to charge the fee would affect the current balance, but not the payoff balance or the general ledger because the fee is not considered a "receivable", rather it is an amount collected and held for the customer.

Create an adjustment type for levying the fee. Indicate the fee amount and indicate the ADJT-CA adjustment FT creation algorithm, which affects the current balance, but not the payoff balance or the general ledger.