Hi guys
I observed that when you enter customer and supplier opening balances in sage manually, they are recorded on suspense account. Does it happen because opening balances are not the result of regular transaction recorded on debit and credit entry so that sage sees those opening balances as errors ?
Not errors, as such, but you are on the right lines - that it's not a 'regular transaction'
When you are entering opening balances, ideally at a year end/start, all of the debits and credits should net off as a zero total. When using Sage's opening balance functions, it puts EVERYTHING in suspense - not just the supplier/customer invoices, but ALL opening balances - and once all the opening balances are entered, the balance on suspense should be zero.
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Vince M Hudd - Soft Rock Software
(I only came here looking for fellow apiarists...)
