suspense account
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PEBBY WALD
Member Posts: 7 Novice Member

can someone please tell me how to create a suspense account
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The same way you create any other account0
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is it a balance sheet account. A bit more information would be appreciated.0
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Yes it is. What other information do you need? Why do you need a suspense account at all?0
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I withdrew some money too be used at a one off event as a float to give people change if they needed it. I then redeposited the same amount after the event. How should I deal with that?0
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Why dont you create a type of bank account called "petty cash". Thats what i would do.0
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Hi Pebby
Reckon One already has a default cash bank account you could use this as Kevin suggested - don't forget with Reckon one you also need a supplier or customer name for your transaction, this could be 'cash' 'contra' 'suspense' etc and make it both supplier & customer.
Reckon One is a pain for having to have a customer or supplier name for everything, so use generic where you can.1 -
Problem solved i think. Nice one0
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Thank you for your help. Query solved. Much appreciated.0
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This is what I do. Tell no one ssssshhhhhh.0
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You do it well. I won't tell a soul.1
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