Working with one-time adjustments

You can directly modify account balances within a given department for a specific cost model by making changes to one-time adjustments. When you enter new amounts, you are actually creating a new record, which is then summarized to the new value. The original amount and a history of each adjustment amount for the account are tracked in the system.

IMPORTANT: Because you are making changes to the CGL table, some existing costing processes may be invalidated. You may need to run some costing processes again. If you import the GL table again, you will need to go through this process again to make further adjustments, including removing adjustments you have entered.

Let's say someone accidentally entered $100,000 instead of $10,000 into the general ledger. A user makes a one-time adjustment in the cost model of $90,000 to compensate for the mistake. The next month the GL is corrected, so the user will need to remove the $90,000 adjustment and reprocess the cost model.