Please help. I have noticed that when I transfer money from paypal to my bank I get entries in the suspense account and I don’t understand why.
I have a current account and a paypal merchant account.
Both account are automatically imported by feeds.
When I make a transfer I get the transfer showing in both accounts asking to be tagged.
I enter paypal account and tag the item as a transfer by selecting transfer and then selecting the current account. I’m then told that there is a transaction for the same amount so I select that.
Transaction is now tagged in both accounts correctly.
However Quickfile is creating duplicate entries in the suspense account , I don’t get why they are showing up there. Last time I just deleted them but this time round I’d like some better understanding of why this is happening as it’s confusing the hell out of me!
Thanks for help in advance.