Sage 50 Accounts

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Suspense account showing opening balance for current account

Posted By Hayley Ingram 2 months ago

Hi,

I'm trying to finalise our accounts and noticed that I have a large credit in the Suspense Account which matches the opening balance of our current account when we moved to Sage on 1st April 2022.

Would be most grateful for any advice as this is showing as a large credit in the accounts?

Many thanks

Hayley

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0 Andy Rickeard 2 months ago

Hi Hayley,

Thanks for using Community Hub.

There are a number of reasons why this might happen, but the following article has some good trouble-shooting steps: Balance remains on Suspense Accounts after entering opening balances >

If this helps, please click Verify Answer.

Regards

Andy
Sage UKI
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0 Andy Rickeard 2 months ago

Hi Hayley,

Thanks for using Community Hub.

There are a number of reasons why this might happen, but the following article has some good trouble-shooting steps: Balance remains on Suspense Accounts after entering opening balances >

If this helps, please click Verify Answer.

Regards

Andy
Sage UKI
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Vote Up 0 Vote Down

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Verify Answer

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Sage 50 Accounts

Suspense account showing opening balance for current account

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