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GeekInterview.com > Interview Questions > Accounting > General Ledger
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Question: Suspense Account
Answer: Hi Friends,
I have a problem with suspense account. I been working for some organization and they have been getting this suspense account error since 2003. But its a big organization and they didn't consider it as a problem so far..but now-a-days this suspense account is increasing rapidly and decreasing rapidly.. Could you pls tell me how to clear this suspense account. They are using Oracle Applications since 2001. Your help is greatly appreciated .
Thanks in advance
kishu |
| July 07, 2008 02:20:41 |
#3 |
| angel987 |
Member Since: June 2008 Total Comments: 15 |
RE: Suspense Account
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| Its A temporary 'holding' account in order to make the trial balance totals agree. |
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