A suspense GL is a GL account where only those entries are posted, which could not be posted in the appropriate GL account due to some discrepancy, and the entries that get posted into suspense GLs are referred to as suspense entries.
Reversing (Also referred to as re-conciliating or balancing) suspense entries refers to the process of correcting or balancing suspense entries such that they got removed from the suspense GLs(where they had got posted by mistakes) and got posted to the right GLs where they belong such that the balance in the suspense GLs at any time is 0.
In FCR/PingAn project, a suspense GL sounds like the implemented GL(Misc. Credit and Misc. Debit GL)
Reversing (Also referred to as re-conciliating or balancing) suspense entries refers to the process of correcting or balancing suspense entries such that they got removed from the suspense GLs(where they had got posted by mistakes) and got posted to the right GLs where they belong such that the balance in the suspense GLs at any time is 0.
In FCR/PingAn project, a suspense GL sounds like the implemented GL(Misc. Credit and Misc. Debit GL)