Adjustment Type And Balances

When you create an adjustment, you must define its adjustment type. The adjustment type controls how payoff balance and current balance are affected by the adjustment amount.

You can only pick adjustment types that make sense for the contract. For example, if your organization doesn't allow budget billing, all adjustments for a financial service contract will affect payoff balance and current balance the same (you can't get the balances out-of-sync).

The various types of adjustments that may be linked to a contract are controlled by the adjustment profiles defined on the contract's contract type.