Configuring Account Adjustment Posting Codes

Screen ID:

Screen Title:

Panel Number:

UMREX-04

Coded Account Adjustments

2491

$images\2491g_shg.gif$

This window appears when adding or modifying an Account Adjustment posting code on the previous Misc. Posting Codes configuration screen.

Helpful Resources

Learn how to configure account adjustment posting codes

Screen Overview

This window is used to define variables needed when posting an adjustment to a member account using the Coded Account Adjustment system. The code includes the general ledger account to which transactions will be posted, so that the end user does not need to enter the account number manually.

For example, you could set up a code to refund NSF fees. The code would define your fee income G/L for the offset and the default transaction description you want to use for consistency. When an MSR or other staff needs to perform that type of adjustment on a member account, he or she simply chooses the appropriate code, enters the amount and posts it.

When done entering the details for the code (see “Field Descriptions” below), use Enter to save and return to the previous screen.

If you wish to stop a particular code from being used in future transactions, use Suspend (F4) on this window. It will not delete the code (the code must remain in the configuration in order to be used by end-of-day processing), but the code will no longer be allowed on any transaction screen. Return to this screen and use Enter to save if you wish to reactivate the code.

Field Descriptions

Field Name	Description
Description	Enter a description for the code. This description will appear in help windows used by various configuration and processing screens to display available codes.
Share or Loan	Choose Share or Loan to indicate the type of accounts on which this code can be used. This will determine the transaction codes that will be available when using the lookup on the Tran code field.
Tran code	Choose the Transaction Code to be used when posting using this code. Click the lookup button $images\magnifyingglasslookup_shg.gif$ to see a list of available codes. (This lookup will work only if a selection was made in the Share or Loan field.)
Default tran desc	Enter the transaction description that should be filled in when using this code. This can be changed for an individual transaction at the time the adjustment is posted, if needed.
Offset G/L acct.	Enter the General Ledger account number to be used as the offset G/L when this code is used. (Should generally NOT be a member G/L account.)
Branch #	Choose one of the following: Trans (T) - Use this if the adjustment should post using the branch of the employee who is posting the transaction. Member (M) - Use this if the adjustment should post using the branch number assigned to the member. Other - Use this to specify a branch number to be used for all adjustments posted with this code, regardless of where the transaction is posted or who the member is. Be sure to fill in the Branch # field.