Does suspense account only appear at credit side in tally erp 9 ,if so,.Why and how?

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Cma Sunil Khandelwal

Professional trainer with 15 years of experience.

A suspense account could be located in any part of an organization's chart of accounts. In other words, a suspense account could be located in any of these sections: asset, liability, revenue, expense. however tally is a only accounting software, user can make any group of account and tag to a ledger...
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A suspense account could be located in any part of an organization's chart of accounts. In other words, a suspense account could be located in any of these sections: asset, liability, revenue, expense. however tally is a only accounting software, user can make any group of account and tag to a ledger but accounting remains the upper hand so we can say that in tally we can allocate any transaction to assets and liabilities or Revenue and expense. read less
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No..its not always appear at credit side it my be on debit side depends upon your accounting treatment.
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No. It depend on the nature of account & accounting rule.
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