Answer / rahul

As far as i know, You can simply enable 'suspense account'
at 'set of books' level and specify the same account in the
respective filed.

Well technically it is not mandatory but it's preferrable
because while entering journals whenever "A debit line is
entered with out it's corresponding credit line or credit
line is entered with out it's corresponding debit line the
suspense account will come into play to balance the entry
as per the accounting convention i.e 'double entry system'.

You can also customize the suspense account as per your
requirements when this setup is done the account which is
specified by the user will come instead of suspense account
and the suspense line will be added.

Answer / budagam ashwin kumar

when ever user enter debit with out credit at that time system automatically populate the SUSPENSE a/C IF suspense account enable if it is disabled system automatically shows error no6
unbalanced journal Entry Suspense not allowed.

Suspense account is an account in GL in Which amounts are temporarily Recorded. The suspense a/c is used because the Proper Account Could not determined at the time that the transaction was recorded. when the proper account is determined, the amount will be moved from the suspense account to the proper account.

Answer / kim khan

Suspense account is used to balance out of balance journal
entries, this is achieved by enabling the suspense account
check box and entering a account code for it. You can also
create suspense account per journal source and category.

Answer / kapil

Hi,

You can enbale suspense account at SOB/Ledger level.
However it is not mandatory.

6. TDS accounting entry

1 Answers   ABC, Arihant,

---

What is Deposit? A customer deposit Rs.15,000/ and he ordered the goods of Rs.10,000/ against the deposit. Now he wants the remaining cash back. how do you do in receivables?

9 Answers   Sierra Atlantica,

---

Can I increase/decrease the size of value set?

4 Answers  

---

Let me know to Support projects life cycles details?

2 Answers   Accenture,

---

Grouping Rules and Line Ordering Rules

1 Answers  

---

---

What is the difference between Standard Remittance and Factoring Remittance?

1 Answers   TCS,

---

HI, waht is the difference between security rule v/s Balance segmetn values in R12. what is the exact purporse of Balance segment vlaues? expalin with an example.

3 Answers   Genpact,

---

Please explain: • Automation of Accounts Payable activities (Evaluated Receipt settlement)

3 Answers  

---

SLA usage ans how to define setups?

0 Answers   CNO, IBM,

---

Five main difference between Tally & ERP?

36 Answers   Ashveera, Cogzidel, India Earthmoving Spares Corporation, KPMG, Marcer, National Techno, Vindian, Wipro,

---

In GL Journal entry can understand which level i.e. batch wise or individually.

3 Answers   Satyam,

---

How tp determaine that multi org is already implemented ?

1 Answers   IBM,

---