Embedded Files
Module 10: Adjustments
Module 10: Adjustments
In this module, participants will gain a better understanding of several types of adjustments which may be needed in the Student Activity Fund. These include:
Fundraiser balance must be transferred from the Sub-Category for the fundraiser into the main Category for which the fundraiser was conducted.
During bank reconciliation the user may need to add a record to record a bank transaction or void a check.
After a transaction has been entered into SAF, the SAF user may find that a change is needed, to correct the data entry.
A transaction may have been input before a Category or Sub-Category was established and the correct Category or Sub-Category needs to be credited or debited.
Note: Some adjustments or corrections can only be completed by a Complex Area Business Management (CABM).
Please click on the Student Activity Fund Quizzes link below to access the SAF Quizzes (Modules 2-13). You will receive a confirmation email once you are registered in Canvas LMS with instructions on how to access the system.
The objectives of this learning module include:
The objectives of this learning module include:
Understand that the Principal must pre-approve all journal entries, modifications, and transfers prior to input into SAF
Understand the purpose of transfers
Know what kind of transactions should not be input as a transfer
Understand what data elements can be changed through a modification
Understand the purpose of a journal entry and list some common examples
Know how to enter adjustments while reconciling to the bank statement
Know how to document approval of transfers prior to data entry
Know what documentation should be attached to a request for modification or journal entry
Know how to file documentation of a completed adjustment
Related SPs for Learning Module 2: SAF Overview, Bank Accounts, Login:
Related SPs for Learning Module 2: SAF Overview, Bank Accounts, Login:
Related SAF Forms:
Related SAF Forms:
Other Related Forms:
Other Related Forms:
Transfer Report (#13)
Journal Entry Report (no report # assigned)
Modified Transactions Listing Audit Trail (#15)
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