Manage Prospective Expense and Income Adjustments

You can create an expense or income adjustment and report it separately from regular Expense and Income items. You can use such adjustments for short accrual scenarios such as call account interest, or to account for reprocessing a NAV error. When you create prospective expense or income adjustments, the system uses the receivable/payable event types, Prospective Income Adjustments and Prospective Expense Adjustment, to identify these transactions. The expense and income is not associated with a specific asset and the income does not affect income processing. 

In this section