I'm about to run a year end, and the P&L shows an unexpected loss. On further investigation I can see that many transactions have been posted to the suspense account leaving a large debit balance.
How do I rectify this please?
Hi Amanda,
Thanks for using Sage City.
The suspense account is used to balance transactions where uneven debits and credits have been posted. If you have a balance in the suspense account at year end, our advice would be to review the transactions and find an appropriate ledger to journal the entries over to. You can post a journal from the Journals option in Accounting read more >
You may need to check with your accountant if you're unsure about where to move the values.
Hope this is helpful.
Regards,
Anth
Sage UKI 
Hi Amanda,
It'd be difficult to advise on that without looking at your data. So the best advice I could give would be to contact our technical support team here > so they can try and help you understand where the values are coming from.
Otherwise, your Accountant would be the ideal person to get advice from about how to correct this as there are lots of ways to process transactions and they'll be more familiar with your previous processes.
We'll of course leave this thread open here on City in case any of our other members have any advice for you 
Have a great day!
Anth
Sage UKI
