Transaction Category Selection

Question

Have had some direct debits fail to go through and therefore the bank on the other end has returned the funds. This still shows on the statement and needs to be put into a category for reconciliation. What category would this be under?

Earl_HD · Answer

Hi @19061992,

Thanks for sharing the detail. This can be a bit tricky, so in situations like this we recommend reaching out to your accountant for an accurate answer.

Regards,
Earl