Adjust Variable Expense Postings

After processing expense accruals for the fund, you can adjust variable expense postings using the Create Expense or Waiver Adjustment panel. You can adjust expenses on any open accounting date for any dollar amount.

To adjust variable expense postings:

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

2. Identify the variable expense you want to adjust. 
   You can specify the entity/accounting basis, share class, and expense account.

3. Ensure the Adjustment Fee Type list is set to Expense.

4. Complete the remaining options in the Create Expense or Waiver Adjustment panel.
   All fields, with the exception of the Ledger Notes field, are required.

5. Click Submit.