No adjustment is necessary.
If you bring up the f1116 worksheet, there will be entry in Part 1 (g)(1e) "From Form 2555 foreign earned income." That amount will be included in the f1116 line 1a.
From TT's on demand guidance:
Line 1e, columns A, B and C:
Total foreign earned income less any foreign earned income or foreign housing exclusion is transferred to line 1e of the indicated column if the General category is checked and there is an entry in the Income Excluded on Form 2555 Smart Worksheet above.
