How to fix a 50 cent bank error

[elvis]

On 25/04/17 16:48, Anita Graves wrote:
> Hello all,
>
> I have a 50 cent error in my cash account.  It happened because the bank gave me credit for an extra 50 cents in a deposit I made.  The bank is not interested in fixing this error because it is old, and at the same time I do not want to carry it forward as cash on hand.  I am preparing to close the books for the fiscal year.
>
> Can I open a new account under the checking account ‘bank error’ and put it there?
>
> What else could I do?

This is what I do. I have a general expenses account, I would put it in 
there as a reverse expense and be done with it.

Or if it was a larger amount, put it in your misc income account. 
Opening a new account for a 50 cent one off transaction is not a good idea.

Lawrence


>
> Thanks for the help
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