Quick Answer: What Does ATM Adjustment Mean?

What is a adjustment fee?

Definition of adjustment costs.

This is the cost to a firm of altering its level of output.

For example, it may be desirable for a firm to cut down on its output, but doing this will create adjustment costs such as redundancy payments and lower staff morale..

What does deposit adjustment mean?

Answer. The term deposit adjustment could mean many things, such as your Cash Out has been posted or a credit has been sent. We’d love to look into this transaction on your account further for you.

What is the difference between a credit adjustment and a debit adjustment?

Normally a credit adjustment is used when you want to give a patient a discount which will reduce their balance. A debit adjustment is usually only used for patient refunds and balance forwards when transferring balances from another system.

What is a cash credit adjustment?

When a bank makes a credit adjustment to your account, this typically is good news because money is coming into the account. … Banking credits increase an account holder’s cash balance, which is a short-term asset account because the client most likely will use the money in the next 12 months.

What does adjustment mean?

1 : the act or process of adjusting. 2 : a settlement of a claim or debt in a case in which the amount involved is uncertain or full payment is not made. 3 : the state of being adjusted. 4 : a means (such as a mechanism) by which things are adjusted one to another.

What does share adjustment mean?

appropriate and customary adjustmentShare Adjustment means appropriate and customary adjustment in the event that between the date hereof and until the respective issuance date, the Company shall split, combine, subdivide or reclassify or repurchase, redeem or otherwise acquire, or modify or amend any of the terms of, directly or indirectly, any shares …

What is withdrawal adjustment?

Withdrawal Adjustment means an adjustment made to your Deposit Plan should your personal representatives decide to close your Deposit Plan following your death before the Maturity Date and which is calculated by the Deposit Taker in accordance with the relevant Addendum.

What is the difference between an adjustment and a credit?

Most of the time, adjustments come in the form of credits. Credits reduce your account balance, while debits increase your account balance. … Courtesy: You’ll see this when a promotional code or courtesy credit is applied to your account.

What are the 3 categories of overdue accounts?

The medical office might sue a patient for an outstanding bill. What are the usual categories of overdue accounts when an accounts receivable aging record is created? The usual categories are 31 to 60 days, 61 to 90 days, 91 to 120 days, and older than 120 days.

What does ATM adjustment debit mean?

An adjusted debit balance is the amount in a margin account that is owed to the brokerage firm, minus profits on short sales and balances in a special miscellaneous account (SMA).

What does adjustment mean on bank statement?

Bank Adjustments are records added to the bank to increase or decrease the current Bank balance. … Bank Adjustments can also be set to a post status of “Do Not Post” if the General Ledger cash account is correct, and only the Bank is out of balance to the Bank Statement.

What is an account adjustment?

Account adjustments, also known as adjusting entries, are entries that are made in the general journal at the end of an accounting period to bring account balances up-to-date. Unlike entries made to the general journal that are a result of business transactions, account adjustments are a result of internal events.

What is a Visa debit credit adjustment?

In some cases, merchants may need to adjust the authorization amount. Should this occur, a credit adjustment in the amount of the original authorization will be credited to your account, followed immediately by a debit adjustment that reflects the final transaction amount.