Example
Debit adjustments increase the amount outstanding to our creditors while reducing our profit. The default ledger account that is populated into the grid is that attached to the creditor under Creditor Sourced Debit Adjustment and can be changed by selecting from the search window.
Example
Debit adjustment of $55.00 Inc GST
| Ledger | BAS Code | Debit | Credit |
|---|---|---|---|
| Creditor Value - Creditor A | No Code | 55.00 | |
| Creditor Sourced Debit Adjustment | GST Inwards Adj (G11) | 50.00 | |
| Adjustment GST - Tax Maintenance > GST Inwards Adjustment | GST Inwards Adj (G11) | 5.00 |
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