Suspense account
In accounting, suspense account means a temporary holding account for an amount that must be posted before its correct account is known — cleared to zero before close, never reported.
- Layer
- Lexicon
- Defined in
- Lexicon
- Nearby
- 1
Not a rule
Bookkeeping convention — not codified. US GAAP governs recognition, measurement and presentation — not the mechanics a bookkeeper uses to get there. Anyone citing a standard for this word is citing the wrong thing.
Every citation in this system, with the text we read and the date we checked it, is in US GAAP and where these rules come from.
The lesson that teaches this
Accounting, 0 to 1 — a free course taught end to end on one month of one company, with the spreadsheet exercises to work it yourself.
For founders
The same idea written for a founder: what it costs a startup that ignores it, and what to do in a real month.
What it is not called
Each of these is a real word for a different thing. Using it here is what makes a product read as though it was built by someone who has not done the work.
- miscellaneous
- ask my accountant
Components that render the terms it depends on
No component names this concept outright. Its definition is built out of terms that are named. These render account, close.
2Cards
Family spec3Payments
Family spec- AccountPickerShows the normal balance. Blocks non-postable accounts.
- AccountTieOutEvery BS account, proven against its evidence.
- ChartOfAccountsHierarchy, statement mapping, unsupported-account flags.
- AccountRegisterGL detail with a running balance.
- DimensionPickerEntity always required; renders what the account demands.
12Close, controls & consolidation
Family spec13Metrics & analysis
Family specNearby in the catalog
No component names this concept outright. These are the ones in its part of the system, which is a weaker claim — but a component nothing links to is a component nobody finds.
Terms this one depends on
Also in Core ledger
Defined in Lexicon. This page is generated from that document, so the two cannot disagree.