USA GL Account/Payables?

[Maria Martens]

I am trying to wrap up year end so that I can get some accounts reconciled. However, one of our accounts which is very large and will need to be distributed amongst specific jobs after I get final numbers reconciled, needs booked.

Which GL account should this number be booked to so that it is identifiable for distribution later?

 

[kirby]

If you are unsure of what is in the account, you can temporarily move the balance to "Suspense Assets" or "Suspense Liabilities" for later analysis. As you know, you will then need to quickly identify what is in that account and clear it out to the correct accounts before you can create accurate financial statements.

 

[Maria Martens]

If you are unsure of what is in the account, you can temporarily move the balance to "Suspense Assets" or "Suspense Liabilities" for later analysis. As you know, you will then need to quickly identify what is in that account and clear it out to the correct accounts before you can create accurate financial statements.

Thank you... My brain is in such a fog, I can't believe I didn't think of this. I usually overthink things! Much appreciated.