A Suspense Account in QuickBooks temporarily holds unclear or unmatched transactions to keep your accounts balanced. It’s essential for fixing errors without disrupting your financial reports.
Why use it?
Holds unidentified transactions
Prevents accounting mistakes
Simplifies reconciliation
How to clear it:
Review suspense entries
Identify the correct account
Reclassify transactions
Need expert guidance? Call 1.866.409.5111 for QuickBooks support today!
Pro Tip: Always clear suspense accounts before month-end closing.
