Unbalanced journal entry, suspense is not allowed
nimer
Posts: 5 Newbie
Comments
-
Hi,the totals of debits and credits are not matching for the journal header or one of the journal headers is what it meansBy the way you are supposed to raise a discussion for questions and not a document to get faster response.Thank You,Pradeep0
-
Hi.
This means that the journal entry doesn't balance, debits = credits. Sometimes you see this happen with payroll entries if transfer to the GL is not run after each costing run. In total the JEs balance, but not by week
Temporary solution is the following (R12):
1. Set up a suspense, i.e. clearing account on ledger. Accounting Setup Manager
2. Assign suspense account to Source-Category. Control L, Search for Suspense Accounts
3. Run Journal Import and flag the check box to post to suspense. Journals<Import
4. Review posting to that account and reclass balances.
Hope this helps.
Barb
0