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what is Suspence Account?

Answer Posted / sultana

suspense account is nothing but a book of account.

example: if we r entering bank statement into tally9.0

if customer pay to someone amount.

we dont no to whome he paid debit r credit.

name is complusor so that after entering in bank
statement we should know name of the customer, so it is
easy to fine final statment.if there is no name of customer
we hav to call to that customer and we hav to fine the name
of the customer.

we dont no wht name ill come there so we keep there
suspense account.

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