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  1. Categories >> Software >> ERP CRM >> Oracle Apps >> Oracle Apps Financial
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Define suspense account in Oracle apps and why is it
mandatory?

Question Posted / budagam ashwin kumar

Answer Posted / 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.

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