What are System Adjustments in Bank Reconciliations

Susan Dearborn
Susan Dearborn
Second Anniversary Kudos 1 Name Dropper Facilitator 1
in Blackbaud Financial Edge NXT® General Discussions

Trying to resolve longstanding bank reconciliation issue. What are System Adjustments and how best to use them?

Comments

  • Kevin Brazell
    Kevin Brazell Blackbaud Employee
    Tenth Anniversary Kudos 5 First Reply Name Dropper

    @Susan Dearborn
    they are bank adjustments set up by the system. I would advise , if you do need to make a forcing entry, to make it yourself. This way you can add details, attachments and choose post status yourself vs letting the system.

  • Susan Dearborn
    Susan Dearborn
    Second Anniversary Kudos 1 Name Dropper Facilitator 1

    @Kevin Brazell - thank you for getting back to me. Would you have suggestions/ideas why the system making adjustments? Can we edit the adjustments or reverse them without causing havoc someplace else in our GL or in the Bank reconciliation?

  • Kevin Brazell
    Kevin Brazell Blackbaud Employee
    Tenth Anniversary Kudos 5 First Reply Name Dropper

    @Susan Dearborn
    If it's asking you in the bank rec, that's usually happing if the register is out of balance and that has to be 0.00 to complete the bank rec. The only other item is making a direct entry to your bank's gl account on the GL, such as putting a deposit in there, vs a submodule. Then that should make an adjusting entry for each line that hits the GL.

  • Susan Dearborn
    Susan Dearborn
    Second Anniversary Kudos 1 Name Dropper Facilitator 1

    @Kevin Brazell Thank you, Kevin for your time and explanation.

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