Adjustment DA - Correct Property Type on a DA from a Prior Period (Residential vs Commercial)

In the event that a transaction is recorded in a prior period with DA Type R (residential) instead of C (commercial) or vice versa, two adjustment DAs will need to be created.

First, create an adjustment DA (type Regular) reversing the original transaction following the steps in Adjustment DA – Terminate or Cancel a Posted DA. It’s helpful to print a copy of the original DA with details, and enter the adjustment DA in the current period with everything the same, except all values (price, commission, units) reversed. Post the adjustment DA.

Second, create a second adjustment DA with the correct DA Type on Page 1 and referencing the original DA number, and everything else the same as the ORIGINAL DA. Post this DA and run a DA list for this associate. Do their totals look correct? You should see the original, the reversal, and the correction.

Third, post the DA in WinMORE, post the deposit in WinMORE/MOREDEPS, import the deposit into AE/LW, confirm that clearing commission is at $0.00. All adjustment DAs must be fully posted and processed, even when no funds change hands, in order to reflect on the market center's and the associate's production reports and Multi-Year Trends correctly.

Example DA list for reversal and correction:

You can also reference our Adjustment DA – A Guide and Library articles for more information.