UK Nominal postings for fraudulent transactions

[Vivienne Howe]

We recently sustained a bank payment fraud. The monies intended for the supplier were diverted to a fraudsters account and as we were still contractually liable to the supplier we had to make a further payment to them to the correct bank account. The correct payment has been posted to the purchase ledger but where would be the best nominal account to post the subsequent payment that we had to make?

 

[Fidget]

Depends how much it was really and whether it will be covered by insurance.