How are out-of-period revenue journal adjustment entries treated?
Journal adjustments are not generally subject to the OUS surcharges (line 29 of the OUS 2 Worksheet). An example would be prior-period service refunds ordered by the PUC or FCC. However service credits or debits that appear on a customer bill due to service outages, or due to billing cycle timing differences, would be subject to OUS surcharges. The revenue adjustments should be recorded as wholesale or retail revenues as appropriate.
