IMOS - Time Charter Adjustments

Four types of adjustments can be made on TC In Payments and TC Out Bills. Each adjustment pertains specifically to either the P&L or the Balance Sheet. The specifications are as follows:

Item Select Label

Line Item Code

Balance Sheet

P&L

Misc Adjustment

ADJST

X


Voyage Expense

VOYEX


X

Hire Adjustment

HIADJ

X


Additional TC Hire

XHIRE


X

For ADJST and VOYEX line items, business rules will auto assign accounts using line item code ADJST and VOYEX unless a Subcode is specified on the line item.