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What does deposit adjustment mean?

Bank Adjustments are records added to the bank to increase or decrease the current Bank balance. They can be added with a type of Payment, Deposit, or Transfer Out (and into another Financial Edge bank selected) depending on the necessary change.

What does adjustment mean on bank statement?

Bank Adjustments are records added to the bank to increase or decrease the current Bank balance. They can be added with a type of Payment, Deposit, or Transfer Out (and into another Financial Edge bank selected) depending on the necessary change.

What is an adjustment payment?

A payment adjustment is a transaction that corrects or modifies the amount or details of a payment entry.

What is an account adjustment?

Account adjustments, also known as adjusting entries, are entries that are made in the general journal at the end of an accounting period to bring account balances up-to-date. Unlike entries made to the general journal that are a result of business transactions, account adjustments are a result of internal events.

What does deposit correction mean?

A deposit correction is when your deposit amount increases or decreases depending on your exposure to risk.

What's a debit adjustment?

Adjusting the Debit Balance The adjusted debit balance is the amount in a margin account that is owed to the brokerage firm, minus profits on short sales and balances in a special miscellaneous account (SMA). ... The adjusted debit balance aids the investor in knowing how much he or she owes in the event of a margin call.

What does adjustment payment mean?

A payment adjustment is a transaction that corrects or modifies the amount or details of a payment entry.

What is an adjustment payment on a credit card?

Adjustment: An adjustment is initiated by the acquirer to correct a processing error. The error could be a duplication of a transaction or the result of a cardholder dispute. The acquirer debits or credits the merchant DDA account for the dollar amount of the adjustment.

What does balance adjustment mean?

Adjusted balance is one of several methods that credit card companies use to calculate a cardholder's finance charge. The latter is the fee charged when a cardholder carries a balance from month to month instead of paying the balance off in full by each month's due date.

What does debit adjustment mean?

An adjusted debit balance is the amount in a margin account that is owed to the brokerage firm, minus profits on short sales and balances in a special miscellaneous account (SMA). ... The adjusted debit balance aids the investor in knowing how much he or she owes in the event of a margin call.

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