SoftGuide > Functions / Modules Designation > Adjustment entries

Adjustment entries

What is meant by Adjustment entries?

The term "adjustment entries" refers to subsequent postings in accounting that are made to rectify previous incorrect or incomplete entries. Their purpose is to ensure the accuracy of financial records and reflect actual business transactions. Corrections can be made for both income and expense entries and may address issues such as incorrect amounts, wrong accounts, or errors in the assignment of accounting periods.

Typical software functions in the area of "adjustment entries":

Examples of "adjustment entries":

 

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The function / module Adjustment entries belongs to:

Point of Sale (Pos) and cash register