Wrong income booked in previous year.

A user has mistakenly booked income in the financial years 2020-21 and 2021-22 and is seeking advice on how to rectify this in the current financial year 2022-23. The specific error involved booking capital income instead of capital repayment for an IRB invit fund. The team is discussing potential solutions, including reversing the entry as an expenditure, and clarifying whether the previous year's tax returns have already been filed.