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# On a construction transaction, why is an Adjustment created for the Initial Advance Amount?

This reduces the duplicate data entry that would otherwise be required for the Summaries of Transaction section on the Closing Disclosure. This adjustment prints on line K.04 in the Summaries of Transactions section or on the Closing Disclosure-Addendum, if applicable.

The Initial Advance Amount on the Calculations page is displayed as the Amount and 'Initial Advance Amount' defaults to Description. Any changes made to the Initial Advance Amount on the Calculations page will be reflected in the Amount. If you determine that an Initial Advance Amount is not applicable after you have originally entered it, the product will automatically remove the adjustment when the Initial Advance Amount on the Calculations page is empty or less than $0.01.