How do I enble a suspense account? When do we use it most?

Debits and credits must be equal to each other, otherwise journal cannot be posted. If you enable suspense posting, Oracle will park the difference in the suspense account and will post the journal. Accounting group should keep an eye on the balance of the suspense account and see what is causing it to grow. Underlining problem should be fixed by passing adjustment journals. Go to Accounting Setups screen and then to your ledger configuration, to enable suspense posting. You need to provide a default suspense account. Additional accounts could be created for specific source/category combination by visiting the suspense account window.