Posting an Adjustment (red storno)

Accountants require to be able to check revenues and expenses for many balance sheet accounts on an ongoing basis. In Polish accounting, it is common to use the net change at a respective side to show revenue and expense amounts for a balance sheet account i.e. for the “Fixed Assets” account, the net change on the debit side and credit side is shown as revenues and expenses respectively.

To ensure that revenues and expenses are correct, accountants should “keep the net change clear”, which means that adjustments are posted at the same account side where the initial operation was posted, but with the opposite sign (“red storno”). In the standard Business Central version , it is possible to post such an operation manually, but the system does not support this posting method as a default one. In addition, adjustments posted by the system automatically are posted on the account side that is reverse to the initial transaction (“black storno”).

To make it easier for users to use "red storno"to post corrective transactions, the following functional extensions will be added in [!include[polish-localization-md](.../includes/polish-localization-md.md)] .

• the capability to enforce posting on the appropriate side of relevant general ledger accounts;
• post adjustments for warehouse transactions as “red storno” (shipments in warehouse movements, reversing the posting of the expected cost, etc.);
• simplified posting of adjustments with a single click (postings in the General Ledger, Inventory and Jobs areas).