Balance in Suspense account

[Luija]

I have entered my opening balances onto Sage for a new company using the previous P&L a/c and BS. I have a figure in the b/f month of the suspense a/c. This figure is the same as the BS figure. Is this supposed to be showing here?<BR><BR>

[Alonicus]

Hi Luija <img src="i/expressions/face-icon-small-smile.gif" border="0"><BR><BR>Which version of Sage are you using ? I use Line 100, which has a habit of putting things in the suspense account on occasion !<BR><BR>I guess the key thing is to identify what the transaction (or transactions) that are in suspense are, so you can journal them to the correct nominal code. One possibility is that the default settings haven't been created or amended for it to know that the other side of the opening balances goes to (for example) debtors or creditors control accounts.<BR><BR>Good luck ! <BR><BR>~ Sean