It should be no problem at all. Just record the original transactions you already have recorded against something like a miscellaneous expenses account. Add notes to the description that they were direct debits in error. The refunds should also appear in your OFX records so just load then and use the same miscellaneous expense account to record the refund against. Attach notes in the Description field referencing the orignal incorrect transactions in error so that your auditors will be happy.
Reconciliation should be no problem as your bank statements should have both the original debits to the account(credits in your books) and the credits (debits in your books) to the account so they should reconcile against your account as normal. When you prepare the financial statements, you could put in an explanatory note, referencing the transactions in error. Transactions hould appear something like Original transaction: debit credit Asset: Bank xxxx Expenses:Miscellaneous xxxx corresponding Refund Asset: Bank xxxx Expense: Miscellaneous xxxx You may need to consult any local legislation which governs your association and its recording of financial matters or your auditors. As long as the explanation is clear and references any external documentation/correspondence from your bank, your auditors should be happy. Note that you can also create links from transactions to associated documents. David Cousens ----- David Cousens -- Sent from: http://gnucash.1415818.n4.nabble.com/GnuCash-User-f1415819.html _______________________________________________ gnucash-user mailing list gnucash-user@gnucash.org https://lists.gnucash.org/mailman/listinfo/gnucash-user ----- Please remember to CC this list on all your replies. You can do this by using Reply-To-List or Reply-All.