A suspense account is an account in the general ledger in which amounts are temporarily recorded. The suspense account is used because the proper account could not be determined at the time that the transaction was recorded.
When the proper account is determined, the amount will be moved from the ...
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- Fri May 25, 2012 4:15 am
- Forum: Financials (GL, AP, AR, FA & CM)
- Topic: How to create suspense account in Oracle apps
- Replies: 1
- Views: 2926