Create Adjustment Entry – A summary of the activity

These entries are passed in the “Main” finance book of the company. Adjustment entries are required to be passed to eliminate inter finance book transactions. An adjustment entry can be passed for all account codes that have been included in the list of account codes for which journal vouchers can be passed.  This page allows you to select the “Main” finance book in which the adjustment entries must be posted. You can enter the details of the account codes and the adjustment amount. There can be multiple debit and credit entries. The system calculates and displays the sum total of all the debit and credit amounts in the transaction currency and the base currency of the company. The system also calculates and stores the total debit and credit amounts in the parallel base currency of the company (if applicable). You can also record the details of the cost center and the analysis codes along with the voucher details. The system generates a unique number identifying the voucher if the automatic numbering type has been opted. The system updates the status of the newly created voucher as “Authorized”. The system also stores the login ID of the user and the system date along with the voucher details.