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Bank wrongly charged my account for eur 300 on 30 Sep 2011. When I noticed this I contacted the bank and they returned the same amount into my account on 3 Oct 2011. Should I make a registration in my ledger on 30 Sep 2011 crediting my books for 300 and debiting receivables for the bank account and clear this account in October. Or I should take no action in the ledger because eur 300 were returned before I finished reconciliation for Sep.
you have to deduct 300 from cash book balance when the bank make charges.. but after this when you receive your money bank then you can add 300 to the cash book balance. bank charges have an impact on cash book balance.
another thing is when the bank make charges on your account then you have to debit your cash book account instead of crediting if you know that the money is receivable
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