Bookkeeping

All Xero Features

In this article, we’ll quickly compare each tool by exploring their unique set of features, pricing plans, and integrations. This will help you determine which one delivers the best value for your specific needs and aligns with your business goals. The cloud accounting platform provider reported strong top line growth but its earnings fell short […]

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What is a Suspense Account in Accounting? Definition and Examples

A suspense account is a temporary holding account used in accounting to post transactions with incomplete information or discrepancies. It is also used to temporarily hold funds during a transaction’s processing until all accurate information is available. A suspense account is needed because the appropriate account was not determined at the time the transaction was

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