Configure Account Adjustment Posting Code

These steps explain how to create an account adjustment posting code.

1. Launch Tool #534 Misc. Posting Codes Configuration.

2. Select Account adjustments from the drop-down menu in the Configure Misc. Posting Codes pop-up.

3. Click the forward arrow.

4. Click Add New Code in the Account Adjustment Codes window.

5. Enter the new code in the Code field on the Coded Account Adjustments pop-up.

6. Enter a description for the new code in the Description field.

   • This description will appear on selection screens that display a list of available codes. Be sure to enter a description that will make it clear to your staff what the code is used for.

7. Select either Share or Loan to indicate the type of accounts on which this code can be used.

8. Click the lookup button beside the Transaction code field to select a transaction code to be used when using this new account adjustment posting code.

9. In the Default tran desc field, enter the transaction description.

   • This can be changed for an individual transaction.

10. In the Offset G/L account field, enter the G/L to be used as the offset when this account adjustment posting code is used.

11. For the Branch code selection, use one of the following:

    • Member: Use this if the adjustment should post using the branch number assigned to the member.

    • Transaction: Use this if the adjustment should post using the branch of the employee who is posting the transaction.

    • 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.

12. If you selected Other in the previous step, enter the branch number in the Branch # field.

Learn More

Learn more about performing a coded member account adjustment.