A Suspense Account in QuickBooks is used to temporarily hold uncertain or unclassified transactions until they’re correctly sorted. It’s a lifesaver for keeping your books balanced while investigating unknown entries.

Why it's important:

• 
  

  Tracks unclear payments or expenses

  
  


• 
  

  Keeps books accurate during cleanup

  
  


• 
  

  Prevents misreporting

  
  

Steps to resolve:

1. 
   

   Review the suspense entries

   
   


2. 
   

   Identify correct accounts

   
   


3. 
   

   Reassign and close the suspense balance

   
   

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