clearing the suspense account?

lv9783
lv9783 Registered Posts: 65 Regular contributor ⭐
im importing figures into sage...the year end is february...
ive entered the invoices but these invoices are from the last period eg January.

The invoice is split sales going into suspense and the purchases going to suspense with the tax going to the relevant tax control account.

How do I now clear the suspense account.
I am cash accounting
Thanks

Comments

  • Bluewednesday
    Bluewednesday Registered Posts: 1,624 Beyond epic contributor 🧙‍♂️
    You will need to journal the figures out of suspense and into the sales or purchase codes accordingly.
  • lv9783
    lv9783 Registered Posts: 65 Regular contributor ⭐
    cool excellent thank you for your help once again :-) youre a life saver and should be getting commission hehe
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