| Description: |
Adjustments are made to bills under protest or through offers in compromise or installment. If the bill is issued and a protest is filed, action and review occurs. Approve protest, re-liquidate entry, and adjust down to original duty, and cancel 2nd bill. If adjustments are made for more than $600, IRS Form 1099 must be issued. Adjustments will generate the appropriate general ledger transactions to include write-offs and waivers. This information allows DoD to monitor, review and approve adjustments (e.g., credit memos, debit memos, waivers, and write-offs) relative to receivables balances. |