Rounding and Suspense

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Overview

Rounding and Suspense allows you to specify which accounts will be used for predefined actions carried out by the system. For example, when the system rounds the trial balance it may not balance due to rounding differences. The system corrects this by adjusting nominal accounts in the profit and loss and balance sheet areas to ensure that the rounded profit figure is correct and the balance sheet balances. The accounts that will be adjusted are shown by the associated role in the Rounding and Suspense window.

View or change a rounding account

  1. To view the Rounding and Suspense window, select Rounding and Suspense on the Ribbon from the Chart of Accounts screen.

The window contains a list of all predefined roles and the nominal accounts assigned to each.

  1. To change the nominal account in use, click the appropriate line in the Nominal Code column and enter the new account to use.
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