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Suspense account

Asked By: kv040 | Asked On: Feb 22nd, 2008

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...

Answered by: Hemant Balodia on: Jul 25th, 2011

I have worked for "Westpac Banking corporation" which is largest bank of Australia. I was in suspense team. In suspense accounts generally value comes when the values moves from sub ledger to ledge...

Answered by: raghunath on: Jul 23rd, 2011

To clear suspends account in oracle finance.we have to assign suspends account type in at our chart of accounts as liabilities account type.in values of account segment.then go to accounting setups op...

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