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• # 86215
• Mon 29 Oct 2012 03:10 PM

Hi,

Can anyone advise me:  back in April when I started my new job I added two accounts (so I could enter a couple of invoices) with an Opening balance - I shouldn't have opened these accounts with opening balances.  I am now stuck with them in our Suspense account.... I do not know how to remove them from here?  I haven't done any journals yet as I am still unsure about them and wouldn't know if I needed to Dr them or Cr them from the Suspense and which nominal code to move them to....
I have got myself into rather a muddel over this I think..!

Jo'Anne

• Jo'Anne
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• # 86224
• Mon 29 Oct 2012 10:59 PM

Hi Joanne 

A very big welcome to the forum. 

The best thing to do in the morning is ring the Technical Department in the ICB and they should be able to help you.  Does your  employer have an accountant  as a student he/ she  should really be helping you out.   It is important that your employer knows that you are student as they should not expect you to be dealing with opening and closing Balances .   The ICB tech department are a pretty friendly bunch. 

 

• Sarah Douglas C.FICB

  HouseTree Business Ltd 

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• # 86230
• Tue 30 Oct 2012 08:08 AM

>
> Hi Sarah, thank you for your advice, I will chat with our accountant, she is very helpful.

>
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• Jo'Anne
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