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.

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(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
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Dhirajlal Rambhia

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Dhirajlal Rambhia (Expert)
13 March 2025 Yes, the new ledger can be created under indirect income.
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Dhirajlal Rambhia

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Dhirajlal Rambhia (Expert)
04 October 2025 Good luck...
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