# Suspense account

> Suspense account — A temporary holding account for an amount that must be posted before its correct account is known — cleared to zero before close, never reported.

Source: https://lopifi.com/glossary/suspense-account
Part of: Lopifi — US GAAP books on autopilot, reviewed by a CPA (https://lopifi.com)

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**What is 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.

## Words this system refuses for it

- miscellaneous
- ask my accountant

- **Category:** Core ledger
- **Specified in:** [Lexicon](https://lopifi.com/md/docs/domain/11-lexicon)
- **Related:** account, close