What is adjustment in SAP (FI - Financial Accounting)?

SAP Term: adjustment

• Component: FI

• Component Name: Financial Accounting

• Description: An additional posting, such as a tax adjustment, for one or more business transactions that have already been posted.

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• Key Concepts: 
  Adjustment is a term used in SAP Financial Accounting (FI) to refer to the process of changing the value of an account balance. This can be done manually or automatically, depending on the type of adjustment. Adjustments are used to correct errors or to make changes to account balances due to changes in business conditions.
  
  How to use it: 
  In SAP FI, adjustments can be made manually by entering a journal entry or automatically by using a transaction code. Manual adjustments require the user to enter the account number, amount, and description of the adjustment. Automatic adjustments are done using a transaction code and require the user to enter the account number, amount, and description of the adjustment.
  
  Tips & Tricks: 
  When making adjustments in SAP FI, it is important to ensure that all entries are accurate and complete. It is also important to ensure that all adjustments are properly documented and approved by the appropriate personnel.
  
  Related Information: 
  For more information on adjustments in SAP FI, please refer to the SAP Help documentation or contact your local SAP support team. Additionally, there are many online resources available that provide detailed information on how to make adjustments in SAP FI.