Adjust Asset Account

Use the Adjust Assets screen to post Transactions that either increase or decrease the balance of one asset account and one non-asset account in the Chart of Accounts. For instance, some transactions that affect your assets are neither an Income, nor a bill of any kind, and must still be recorded. By using the Adjust Assets screen to record such a transaction, you will be able to enter the amount of money that affects the asset, and therefore maintain the accuracy of the asset account.

To access the Adjust Asset Account screen:

• From The Initial Portal of Church Windows choose Accounting
• Click the Transactions menu in the Button Bar at the top of the screen
• Click the option for Other
• Click Adjust Asset and the window will open:
  
  

 

Choose the Asset to Adjust from the dropdown box. Click the option to either Increase or Decrease the Balance of the selected Asset to Adjust. Enter the Amount to Adjust, and the Date Occurred. Enter any additional Comments in the box.

Select the Account and Amount that you wish to affect by the Asset you are about to adjust. You can select more than one account as long as the total amount of the items at the bottom of the list matches the Amount to Adjust.

Verify the posting information and click Post. A message will display the transaction number(s) created by the Asset adjustment successfully posted. Use the transaction number(s) in the message to look up the posted transaction(s) on the Browse Transactions screen. Each transaction item in the batch will appear as a JRNL transaction. Click OK to clear the message.