xTuple ERP Reference Guide

Bank adjustment types create a link to a pre-defined account and transaction sense, so that when entering bank adjustments you can be sure the underlying accounting is being handled in a controlled manner. To access the master list of bank adjustment types, go to Accounting > Setup > Accounting Mappings > Bank Adjustment Types. The following screen will appear:

Bank Adjustment Types master list

The Bank Adjustment Types screen displays information on all existing bank adjustment types, including bank adjustment type name and description.

12.2.4.1. Bank Adjustment Type

To create a new bank adjustment type, select the NEW button. The following screen will appear:

Create new bank Adjustment Type

When creating a new bank adjustment type, you are presented with the following options:

Name

Enter a name to describe the bank adjustment type.

Description

Enter a description to further describe the bank adjustment type.

Adj. Account

Specify the account to be used for the bank adjustment type.

Note

By default, the screen will limit your account number choices to only those accounts having the correct account type for the chosen context. However, privileged users may override this default behavior by manually entering any account number listed in the chart of accounts.

Type

Define the sense of the bank adjustment type by selecting one of the following:

Debit

Select if the bank adjustment should increase your bank account balance.

Credit

Select if the bank adjustment should decrease your bank account balance.