Good Morning Team,

We had processed bank charges(request of statements fee) in dec 2018, as per our bank statement. These charges were however queried with the bank because it was debited to our account wrongly. In the interim whilst waiting for the bank response, we did a year-end run of 2018 FY.

We were under the impression that the bank will do reversal/credit our account in Jan 2019, BUT reversed the charges on the same date they had charged us (dec 2018). How do I account for these movements thats now affecting my expenditure and closing bank balance 2018 and opening bank balance 2019?

Thanking you in advance!