interesting accounting problem - how to handle

[Yawar Amin]

On 2010-04-29, at 11:26, John Edwards wrote:
>>> [...]
>>> Credit an equity account (e.g. Equity:OutsideContributions), maybe?
>> 
>> An accountant or tax attorney would have to answer you officially, but I
>> would think this would be considered Income:Gifts
> [...]
> In the absence of tax implications, my inclination would be to list it
> as a contra-expense account (Bank Error refund), that would end up
> reducing the value of Bank Charges. If you aren't interested in your
> total bank charges without this error correction, then you could apply
> it directly to bank charges.0

Right, a contra-expense does seem, intuitively, like a good option. I think I did this with my sales tax refund.

 Cheers,

  Yawar

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