The company have had a couple of fraudulent payments taken out of the bank account via a cloned debit card. The payments have since been credited back by the bank. Can you please tell me when tagging these payments from the Bank what account to post it to?
I would recommend you create a new nominal code Fraud holding account under assets and liabilities:
From the bank then do a misc tag to this code and the same when reversing.
Thank you for the help Glenn