Adjust an Expense Reimbursement

After processing expense reimbursements for the fund, you can adjust a reimbursement account without changing the reimbursement rule. Adjustments are helpful when it is necessary to write off a small difference that will not have an impact on the fund's net asset value. You can adjust any expense reimbursements for any dollar amount for any effective or accounting date.

To adjust an expense reimbursement:

1. In Accounting Center, in the left navigation pane, click Transactions > Expenses > Expense Adjustments > Create Reimbursement/Special Waiver Adjustment.
   You see the Create Reimbursement/Special Waiver Adjustment panel.

2. Complete the options to Identify the expense reimbursement you want to adjust. 
   You must specify the Entity ID, Entity Name, Accounting Basis, and Share Class values. 

3. In the Adjustment Fee Type list, select Reimbursement.

4. In the Reimbursement/Special Waiver Account box, select the account for the adjustment.
   In the Reimbursement/Special Waiver Rule box, you see the name of the reimbursement rule associated with the expense reimbursement after you select the account. 

5. In the Adjustment Amount box, enter the amount of the adjustment. 
   You can specify a positive or negative number. 

6. Specify the Effective Date and Accounting Date values for the adjustment.
   You see the Monthly Accounting Date value associated with the accounting date you selected.

7. In the Ledger Notes field, you can specify an optional comment.

8. Click Submit.