¶ Add Adjustment
Adjustments are added in the engagement's working
papers. To do so, open the engagement and do one of the
following:
- Right click on a working paper → From the context
menu select
Adjustments (where
applicable) → Click
Add - Select a working paper → Click
theAdjustments button
located in the toolbar → Click
Add
-
Select the Type of adjustment and the Тrial balance type from
the drop-down menus. -
Mark the Posted option if the adjustment is recorded in the Trial
balances as follows:
- Misstatement – recorded in the Adjusted TB
- Reclassification – recorded in the Final TB
- Elimination – recorded in TB consolidation
-
In the Note field, enter any notes connected with the adjustment.
-
Enter the Tax result and Financial result values, if
applicable. -
Mark the Extrapolated values option if the values are
extrapolated. -
In the Entries section, fill in the journal entry of the actual
adjustment. -
Click
Save.
¶ Edit Adjustment
The Edit adjustment window is identical to the window for adding
adjustments. It is accessed in one of the following ways:
- Right click on a working paper → From the context
menu
selectAdjustments (where
applicable) → Click
Edit - Select a working paper → Click
theAdjustments button
located in the toolbar → Click
Edit
After editing the adjustment, click
Save to save your changes.
Tip
You can use keyboard shortcuts to access the options described above.
Press Alt+key, where the key must correspond to the underlined
letter in the option's name. For example, press Alt+P to mark an
adjustment as Posted. If you press the combination a second time,
you will unmark the option.