Accounts Receivable - Adjusting an Invoice

Invoice Adjustment Procedure

Invoice adjustments are changes made to posted invoices that only affect the General Ledger and have no effect on the amount of the invoice. They are processed using the Adjust Distributions screen (standard Treeview path: Accounts Receivable > Invoice > Adjust Distributions).

Processing adjustments consists of three basic steps:

1. Enter Adjustments

Enter the details of each adjustment.

2. Edit List

The edit listing is the proof sheet for the details of the specific batch of adjustments that have been entered. To avoid posting errors, the edit listing should be printed and the details verified before posting each batch.

3. Post Adjustments

This step takes the detail of all the adjustments in the batch and applies them to the indicated invoices. Once a batch has been posted it is no longer available for adjustment entry. If a change must be made to a posted adjustment, enter another adjustment.