Suspense account accounting policy

Page no : 2

(Guest)

Take the last audited balance sheet and start with its opening balances and finalize the current period balance sheet. I hope the last balance sheet has no suspense account in it.

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ABHIJIT MANNA (ACCOUNTANT) (447 Points)
Replied 28 August 2018

I know sir but how to rectify in tally, how to remove or rectify suspense account in tally?

(Guest)

does every other ledgers' opening balances match with the opening balance sheet? there must be some ledger having difference equal to the suspense account balance. Unless one has to see the tally data to correct it. Discussing here will not help.