About Suspenses Account

QUESTION:

Actually we have a problem with the Posting process in GL of many Journals that are unbalance? Our book enable Suspense accounting but the user want not use this types of accounts , it is possible disable this option?

What are the real functionality of Suspense account ?

have any profile to disable import to GL unbalance journals?

 

ANSWER:

Set of Books Journalling Tab:
Suspense: If you choose to allow suspense posting of out-of-balance journal entries, General Ledger automatically posts the difference against this account. If you have multiple companies or balancing entities within a set of books, General Ledger automatically creates a suspense account for each balancing entity.

If you do not allow suspense posting, you can only post journal entries that balance.

You can also define additional suspense accounts to balance journal entries from specific sources and categories using the Suspense Accounts window.

Note: If you update the suspense account in the Set of Books window, the default suspense account is updated in the Suspense Accounts window. Likewise, if you update the default account in the Suspense Accounts window, the account in the Set of Books window is updated.