Payables are opened as credits in suspense ledgers, with the presumption that monies are due to another party at some future point. For example, responding to a customer’s complaint that a credit to their account is unrecognizable or that a credit, coming in from some ACH transaction, cannot find an appropriate home, and so on. In each case, a debit is processed to satisfy the customer or offset the ACH transaction and a credit is set up waiting for final disposition.

• Suspense