Bank Charges Refund


This query is : Resolved 

Quick Summary
A user inquired about how to adjust a bank reimbursement of Rs. 14,320 in their accounts, received after being charged Rs. 20,000 for CC Limit Renewal. The suggested solution is to create a new ledger under 'Indirect Income' for the reimbursement. This approach allows for proper accounting of the refund.

(Querist)
13 March 2025 Sir,
FY 2023-24 bank deducted Rs, 20000/- Renewal CC Limit Charges. we can show under Profit & Loss account ( Bank Charges) Now FY 2024-25 March month bank reimbursement some amount Rs.14320/- how we can adjust in books of accounts. Can we create new ledger Reimbursement exp by bank under Indirect income or any other way
Please guide


13 March 2025 Yes, the new ledger can be created under indirect income.

04 October 2025 Good luck...


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