The Bank Adjustments screen allows you to define bank adjustment categories and associate them with general ledger accounts used by your company. The definitions made here will be available as options in the Adjustments screen of the Bank Reconciliation feature.
When reconciling a bank account, it is sometimes necessary to adjust the cash balance in the GL due to adjustments provided by the bank. For example, your company may need to post bank service charges, interest income, check printing charges, and so on.