can someone please tell me how to create a suspense account
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220 Points
Posted 3 years ago
Kevin Russell, Accredited Partner
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52,754 Points
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220 Points
is it a balance sheet account. A bit more information would be appreciated.
Kevin Russell, Accredited Partner
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52,754 Points
Yes it is. What other information do you need? Why do you need a suspense account at all?
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220 Points
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?
Kevin Russell, Accredited Partner
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52,754 Points
Why dont you create a type of bank account called "petty cash". Thats what i would do.
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.
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.
Kevin Russell, Accredited Partner
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52,632 Points
Problem solved i think. Nice one
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220 Points
Thank you for your help. Query solved. Much appreciated.
Kevin Russell, Accredited Partner
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52,632 Points
This is what I do. Tell no one ssssshhhhhh.
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