what is suspense account in tally.
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Answer / vijay.k
Suspense account in tally indicates the transaction that has no clear information.
eg:- paid to ramu
either it is advance or payment of salary or paid for purchases or services provided etc.
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Unknown credit / Debit ...............
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how to we pass a purchase entry in item invoice mode where some advance has been paid to the party. the purchase entry should get offset with the advance payment entry so that it does not appear in the bill outstanding or bills due list. please guide.thank you
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